US Stock Market Move | Faraday Future Intelligent Electric, Inc. (FFAI.US) falls more than 8% and announces investment in Qualigen Therapeutics (QLGN.US) to support its entry into the crypto and Web3 fields.

date
22/09/2025
avatar
GMT Eight
"Faraday Future's stock price is falling, while Qualigen Therapeutics' stock price has surged by over 95%."
On Monday, Faraday Future Intelligent Electric, Inc. (FFAI.US) stock price fell, as of press time, the stock dropped by over 8%, to $1.625. In terms of news, the company announced an investment of $41 million in Qualigen Therapeutics (QLGN.US) to support its entry into the crypto and Web3 fields. Qualigen Therapeutics' stock price skyrocketed by over 95%, to $5.55. This investment will give Faraday Future Intelligent Electric, Inc. a significant stake in Qualigen and plans to appoint a management team to lead the new business activities.