U.S. stock market anomaly | Faraday Future (FFAI.US) drops more than 8% and announces investment in Qualigen Therapeutics (QLGN.US) to support its entry into the cryptocurrency and Web3 fields.

According to the Zhitong Finance App, on Monday, the stock price of Faraday Future (FFAI.US) fell, with the stock dropping more than 8% to $1.625 at the time of publication. In terms of news, the company announced a $41 million investment in Qualigen Therapeutics (QLGN.US) to support its entry into the crypto and Web3 sectors. Qualigen Therapeutics' stock price surged over 95% to $5.55. This investment will give Faraday Future a significant stake in Qualigen and plans to appoint a management team to lead the new business activities.