Mullen automotive prognose

BREA, Calif. The tour is scheduled to run until Nov.

This reverse stock split is considered a crucial step that could help the company maintain its Nasdaq listing. The market's reaction to the uncertainty surrounding this shareholder vote has impacted MULN's stock significantly. Mullen filed a proxy statement detailing its next special meeting of stockholders on Dec. The filing contains two proposals, of which the first is a reverse stock split in a ratio between 1-for-2 and 1-for The second proposal seeks to adjourn the meeting if Proposal 1 does not receive enough shareholder votes to get approved. The stock of EV startup Mullen Automotive dropped 5.

Mullen automotive prognose

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High: mullen automotive prognose. Specifically developed brakes provide quick stopping for the RS, which is fully race prepped to allow occupants to experience max-performance potential. Other financing costs - initial recognition of derivative liabilities.

The Mullen Automotive stock price is 6. The MULN stock price can go up from 6. According to our analysis, this will not happen. Not within a year. See above.

Far from it, in fact. This week, MULN stock proved yet again how unstable it can be, plunging to a new week low. As InvestorPlace contributor Chris MacDonald notes, the company is facing plenty of economic headwinds that have helped push down shares this year. However, some apparently still see Mullen as having significant growth potential, despite evidence to the contrary. Does this mean that Mullen is finally destined for a turnaround? The experts who issued these aforementioned price targets have not been named on Fintel. As such, the context for the reasoning behind the projections is unclear. This decline comes even after the company actually reported some good news, claiming it is on track to fulfill a cargo van delivery order. Impatient bondholders start demanding to see production vehicles. And retail investors eventually tire of losing money.

Mullen automotive prognose

It appears that Mullen might achieve this through a strategy of acquisitions. Mullen Automotive differentiates itself, to a certain extent, with powerful vehicles. First and foremost, Mullen Automotive has to cover the expenses of its recent purchases — and at the same time, MULN stock must avoid delisting from the Nasdaq exchange. More recently, the U. In time, however, this strategy could make Mullen Automotive more competitive. However, the shares may face delisting threats at some point. The exchange typically provides warnings and opportunities to rectify the situation first, though. Many investors would be crestfallen if Mullen were to be kicked off of the Nasdaq and ended up on an over-the-counter OTC exchange.

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Company achieves major milestones with receipt of first vehicle orders, commencement of Class 1 and 3 vehicle production, customer deliveries and recorded revenue. BREA, Calif. We completed a strategic purchase of EV battery pack manufacturing assets and showcased our innovations across the U.

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