Muln stock

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Muln stock

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While MULN stock is encountering some muted trading on Friday, the real upcoming catalyst for shares could be a brewing short squeeze. On Thursday morning, Mullen announced that the company is road testing its advanced battery with its Class 1 EV cargo van. Per a press release , the performance study began on Feb. Significantly, Mullen also estimates that the range of its cargo van will increase from miles to miles with the help of the SSB. Still, while the narrative here is compelling, MULN stock has failed to move on the news today. One of the challenges here comes down to taking the innovation and scaling it for practical applicability. With top-tier enterprises already struggling with this challenge, Mullen likely faces an even steeper climb to success.

Muln stock

BREA, Calif. There is no guarantee the Company will meet the minimum bid price requirement. The Reverse Stock Split will not change the par value of the Common Stock nor the authorized number of shares of Common Stock, preferred stock or any series of preferred stock. No fractional shares will be issued in connection with the Reverse Stock Split. All fractional shares will be rounded up to the nearest whole share. On Sept. To learn more about the Company, visit www. Forward-Looking Statements Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of , as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements.

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Earlier this morning, Bollinger Motors — a commercial EV manufacturer that Mullen controls — expanded its dealership network. The B4 is a Class 4 commercial truck featuring a unique chassis design, which protects its kilowatt hours KWh battery pack and components. In fairness, the underlying company has been caught out with many other public enterprises as the market digests recent gains , especially in the tech sector.

Stock Screener. Which hedge fund is a major shareholder of Mullen Automotive? Dividend Calculator. Does Mullen Automotive pay dividends? Mullen has stated that it will hear back from the U. The stock market is off to a good start and there are plenty of great names out there. Federal Funds Rate. RIVN 8. Headquartered in Brea, California, United States. Mullen Automotive reports first revenues and vehicle deliveries for FY , but increased losses due to write-downs and market decline. Tools Research Tools.