Faraday Future (NASDAQ:FFIE) stock is a hot topic among traders on Monday after the electric vehicle (EV) company delivered its first FF 91 2.0 Futurist Alliance.
The FF 91 2.0 Futurist Alliance is a luxury EV made by Faraday Future and will have further deliveries this year. The company celebrated its first delivery with a special event as it handed the keys over to Private Collection Motors (PCM).
Here’s what Faraday Future said about future deliveries in a news release:
“FF is also actively signing purchase agreements for the FF 91 2.0 Futurist Alliance with additional potential owners and Developer Co-Creators. The Company looks forward to announcing its first FF 91 2.0 Futurist Alliance car owner of the second group of users of its Phase-2 Co-Creation delivery soon.”
To go along with the first delivery of the FF 91 2.0 Futurist Alliance, Faraday Future also announced its Developer Co-Creation Festival campaign. This has it holding a series of events where candidates with recommendations can attend.
FFIE Stock Movement
FFIE stock is up 1.9% as of Monday morning as more than 18 million shares change hands. The company’s daily average trading volume is well above that at 80.7 million shares. Investors will note that FFIE stock is largely unmoved since the start of the year.
There’s even more stock market news that traders will want to know about today below!
We have all of the hottest stock market coverage that investors need to know about on Monday! Among that is PayPal (NASDAQ:PYPL) stock rising as it names a new CEO, layoffs hitting BioXcel Therapeutics (NASDAQ:BTAI) stock today, as well as Okta (NASDAQ:OKTA) stock getting an analyst upgrade! All of that news is ready to go at the following links!
More Stock Market News for Monday
- PYPL Stock Alert: What to Know as PayPal Names New CEO
- Why Is BioXcel Therapeutics (BTAI) Stock Down 46% Today?
- OKTA Stock Alert: Okta Gains on Goldman Sachs Upgrade
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
