Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI – Get Free Report) was the target of unusually large options trading on Wednesday. Investors purchased 16,943 call options on the stock. This is an increase of 95% compared to the typical volume of 8,703 call options.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen lowered Faraday Future Intelligent Electric from a “hold” rating to a “sell” rating in a research report on Friday, May 30th.
Get Our Latest Research Report on FFAI
Faraday Future Intelligent Electric Stock Performance
Faraday Future Intelligent Electric (NASDAQ:FFAI – Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported ($0.14) earnings per share (EPS) for the quarter. The firm had revenue of $0.32 million for the quarter.
About Faraday Future Intelligent Electric
Faraday Future Intelligent Electric Inc engages in the design, development, manufacture, engineering, sale, and distribution of electric vehicles and related products in the United States and internationally. The company was founded in 2014 and is headquartered in Gardena, California.
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