Why Faraday Future Stock Rocketed 50% Today

Why Faraday Future Stock Rocketed 50% Today

What happened Shares of California-based electric vehicle (EV) company Faraday Future Intelligent Electric (NASDAQ: FFIE) soared as much as 80% today before the gains faded to 52% as of 3:52 p.m. ET. The stock has experienced a parabolic rise over the past week.