Click to vote. Guess how $Faraday Future Intelligent Electric Inc.(FFIE)$ will close Wednesday 29/05 following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
$Faraday Future Intelligent Electric Inc.(FFIE)$ is set to release its Fourth Quarter 2023 financial results after market closes on Tuesday, May 28. Faraday Future saw its shares soar around 2,200% in the trailing month. However, prior to the surge, FFIE stock had traded well below the minimum price requirement to stay listed. While Faraday enjoys demand from bullish speculators, that may not be enough to overcome current challenges.
In the past five sessions, Faraday lost about 40% of market value. The FFIE’s short interest stands at 31.45% of its float. At the same time, the short ratio is only 0.22 days to cover. Essentially, the bears can quickly exit their short positions, making it difficult for the bulls to trap them.
FFIE's earnings call will be held on 29 May 2024 at approximately at 08:00 SGT. To set a reminder, please click here
*Note: We will have a lucky draw during the conference call, and you have a chance to win USD 2 stock vouchers.
💰Event Details
Click to vote. Guess where $Faraday Future Intelligent Electric Inc.(FFIE)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers.
For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins.
Reply and forward this post, share your insights about FFIE's financial reports, and you will win 5 Tiger coins
⏰Event Duration
The deadline for this event is 04:00 on 29 May 2024
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Comments
Given their ongoing financial woes and shaky operations, coupled with market sentiment, FFIE's performance might just mirror investor jitters about their future. So, buckle up for some turbulence and keep an eye on how things unfold after the earnings drop.