Faraday Future (FFIE) Surges Over 80% After New $30 Million Financing

Dec 30, 2024

Faraday Future Intelligent Electric Inc. (FFIE, Financial) saw its stock price surge over 80% in early U.S. trading, triggering a trading halt. This dramatic increase follows a cumulative gain of more than 51% last week. The electric vehicle company recently announced the completion of a new $30 million financing round, bringing its total fundraising to $60 million over the past three months.

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