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A name that has once again caused a sensation around the world - Jia Yueting, the man who was once hailed as "China's No. 1 dreamer", has now written an incredible miracle in the US stock market. On May 17, Faraday Future's (FF) stock price soared an incredible 134%, jumping from a trough of $0.04 to $1.65 in just five trading days, peaking at $2.35 during the period, achieving an incredible 50-fold rise. It also created an unprecedented record of 15 consecutive circuit breakers on the NASDAQ exchange, and staged an epic "Phoenix Nirvana", which is comparable to a Hollywood blockbuster!
FF not only ranked second after Nvidia on the Oriental Fortune Network U.S. stock popularity list, but also topped the Futu U.S. stock popularity list. Wall Street analysts see FF's surge as an unprecedented collaboration between Chinese and American retail investors, co-directing a short squeeze that will go down in Nasdaq history. This may be the capital market's recognition of FF founder Jia Yueting's personal IP commercialization strategy, and it is also a reaction to the "possibility" of FF as a bridge between the Chinese and US markets.
Jia Yueting, the controversial entrepreneur, successfully pulled FF back from the abyss of delisting through a series of combos when FF's stock price was on the verge of despair, and achieved a Jedi counterattack. From announcing that he was considering co-CEO with FF Global CEO, to his innovative attempts at personal IP commercialization, to emphasizing FF's dual home advantage in China and the United States, as well as the outflow of videos of eating mustard fritters and working overtime until late at night, Jia Yueting's every move accurately hit the nerves of the market, and finally produced this incredible result, I have to say that Jia Yueting is really amazing!
What is particularly noteworthy is that behind this counterattack, it is the first time that Chinese and American retail investors have joined hands to surpass AMC and GameStop as the king of meme stocks, creating unprecedented history. Jia Yueting, the man who "suffocated for his dreams", not only made FF complete a gorgeous turn in the stock price, but also rekindled the hope of countless investors at the psychological level, proved his "flickering" strength with practical actions, and also let those institutions who tried to short FF see the power of retail unity.
Although there is no shortage of doubts and worries from the outside world, this epic reversal of Jia Yueting and FF will undoubtedly go down in the history of the capital market. People can't help but sigh: in the business world, Jia Yueting's story may always be full of unknowns and miracles, and he is redefining the "impossible" with "suffocation" operations again and again.
At this moment, the world's eyes are focused on Jia Yueting and FF, waiting for the next scene of this counterattack drama. Is it the bursting of the bubble, or is it the continuation of dreams? Maybe it's just like Jia Yueting sang: The more fierce the wind, the more my heart is swinging! Time will tell. Do you support Jia Yueting?