01:49 PM EDT, 05/29/2024 (MT Newswires) -- Faraday Future Intelligent Electric ( FFIE ) said Wednesday that it received an extended stay from Nasdaq of a suspension pending a hearing relating to non-compliance with listing rules.

Shares of the company slumped 44% as intraday trading volume catapulted to 250 million from its daily average of about 95.4 million.

American Airlines ( AAL ) has lowered its outlook for Q2 and said its chief commercial officer will depart in June.

Shares dropped 15% as intraday trading volume soared to over 118 million compared with a daily average of about 30.1 million.

Globavend Holdings ( GVH ) said Wednesday that it signed a non-binding memorandum of understanding to make an equity investment in a logistics company, Top Logistics Australia.

Shares slumped 32%, with intraday trading volume at over 19 million versus a daily average of about 77,000.

Price: 0.65, Change: -0.52, Percent Change: -44.27