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What's Going On With Faraday Future's Stock Friday?

Summary

Faraday Future's stock saw massive price moves related to the retail-fueled meme stock rally which saw heavily-shorted stocks gaining alongside GameStop and AMC Entertainment shares. The stock was up more than 8000% over the past week and reached an intraday high of $3.90 Friday before reversing.

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Article published on May 17, 2024 by benzinga