What's Going On With Mullen Automotive Stock?
Portfolio Pulse from Erica Kollmann
Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading higher after CEO David Michery provided a business update. Michery highlighted the company's strong financial position, regulatory achievements, and advancements in solid-state polymer pack technology. Mullen shares are up 16.5% on heavy volume.
August 06, 2024 | 3:48 pm
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Mullen Automotive shares are up 16.5% following a positive business update from CEO David Michery. The update highlighted the company's strong financial position, regulatory achievements, and advancements in solid-state battery technology.
The CEO's update provided several positive points including strong financials, regulatory achievements, and advancements in technology, which are likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100