The SP today behaved pretty much in a typical way after bad news: first initial slump, then "dead cat bounce", followed by further decline. Usually stocks continue to go down at least some days after the drop. Let's see how it goes for FF I think that SP could also recover, since despite bad news FF is still continuing production & delivery plans - which is absolutely positive thing for the stock! $Faraday Future(FFIE)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments