Why Shares of This Under-the-Radar EV Stock Are Sinking Today
Evidently it wasn't the Faraday Future Intelligent Electric (NASDAQ: FFIE) bulls that were charged up about the market opening after the long weekend. Instead, it's the bears that are roaring today with shares of the electric vehicle manufacturer plunging 8.6% as of 10:44 a.m. EDT.
The stock's drop today is hardly related to any disastrous news from the EV upstart; in fact, it was news that the company announced before the weekend -- nothing earth-shattering -- that seems to be the cause of the stock's decline.
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Source Fool.com
