U.S. stocks anomalous | Faraday Future (FFAI.US) drops more than 8%, institutional holdings in the second quarter surged by over 500%
According to the Securities Times APP, on Wednesday, Faraday Future (FFAI.US) fell more than 8%, closing at $2.28. The financial report shows that in the second quarter of 2025, the company's cash reserves reached a historic high, with approximately $105 million in new financing obtained during the period, mainly to support the development of the FX Super One model. In the second quarter, the holdings of Vanguard and BlackRock, two major institutions, increased by over 500% compared to the fourth quarter of 2024.
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