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08-23

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Faraday Future Soared Over 30% after Soaring 124% on Thursday

$Faraday Future$ jumped 5% in premarket after shooting up 124% on Thursday as it reversed about a week's worth of decline.The company did release any news on Thursday or post any new SEC filings. Earlier in the week, Faraday Future Intelligent announced that it will hold a launch event for its China-U.S. Automotive Bridge Strategy on September 19. The electric vehicle maker said the event will provide more details and an execution plan for the strategy and introduction of Faraday's second auto

Faraday Future Soared Over 30% after Soaring 124% on Thursday

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Earlier in the week, Faraday Future Intelligent (FFIE) announced that it will hold a launch event for its China-U.S. Automotive Bridge Strategy on September 19. The electric vehicle maker said the event will provide more details and an execution plan for the strategy and introduction of Faraday&#39;s (FFIE) second automotive brand. Faraday (FFIE) said its China-U.S. automotive bridge strategy and second brand approach position will leverage cutting-edge AI and software technologies for users across multiple market segments. The strategy is aimed at accelerating Faraday&#39;s (FFIE) mass-market entry, while maintaining its ultra-luxury offering. 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