Shares of Faraday Future Intelligent Electric Inc. (FFIE) are gaining nearly 6% on Tuesday morning despite no stock related news to drive the shares.
FFIE is currently trading at $10.98, up $0.61 or 5.88%, on the Nasdaq. The stock has traded between $8.70 and $20.75 in the 52 week period.
Faraday Future Intelligent Electric 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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