Streetbeat News

MULN

Mullen Automotive, Inc.

Industry

Auto - Manufacturers

Mullen Automotive, Inc., an electric vehicle company, manufactures and distributes electric vehicles. It also operates CarHub, a digital platform that leverages AI to offer an interactive solution for buying, selling, and owning a car; and provides battery technology and emergency point-of-care solutions. The company was founded in 2014 and is based in Brea, California.

Open

3.43

Mkt cap

22M

Volume

4.4M

High

3.43

P/E Ratio

N/A

52-wk high

2100.00

Low

2.50

Div yield

N/A

52-wk low

1.60

Mullen Technologies has announced the transfer of 350 Class 1 EV vehicles to its plant in Tunica, Mississippi, for final assembly. This move is part of the company's efforts to ramp up production.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 12:03 pm

In Thursday's pre-market session, several consumer discretionary stocks saw significant movement. Jiuzi Hldgs, Mullen Automotive, LiveWire Gr, Lottery.com, Koss, and Polished.com all saw gains, with Jiuzi Hldgs leading with a 76% increase. On the other hand, Nova Lifestyle, Grove Collaborative Hldgs, Carvana, Vroom, Udemy, and Jianzhi Education Tech all experienced losses, with Nova Lifestyle leading the decline with an 11.4% decrease.

Portfolio Pulse from Benzinga Insights

July 13, 2023 | 1:12 pm

Mullen Automotive Inc's shares are trading higher after the company announced that the New York Power Authority (NYPA) began testing its EV Cargo Vans. Mullen also highlighted a recent interview regarding naked short selling with its CEO in a new regulatory filing. The company has retained Christian Attar, in partnership with Warshaw Burstein LLP, to investigate potential wrongdoing related to a market manipulation scheme involving illegal naked short selling.

Portfolio Pulse from Adam Eckert

July 13, 2023 | 12:43 pm

Mullen Automotive (NASDAQ:MULN) has launched an electric vehicle (EV) pilot program with the New York Power Authority (NYPA). The program involves testing Mullen's EV Cargo Van, the all-electric Campus Delivery Utility Vehicle, at NYPA's location in upstate New York. The move aligns with NYPA's 2030 Vision of a carbon-free New York State powered by clean energy.

Portfolio Pulse from Happy Mohamed

July 13, 2023 | 12:12 pm

In Wednesday's after-market session, several consumer discretionary stocks saw significant movement. Mullen Automotive (MULN), Kidpik (PIK), Dixie Gr (DXYN), Newegg Commerce (NEGG), Volcon (VLCN), and ToughBuilt Industries (TBLT) all saw gains, while JX Luxventure (JXJT), Grove Collaborative Hldgs (GROV), Amesite (AMST), Cenntro Electric Gr (CENN), E-Home Household Service (EJH), and JOANN (JOAN) experienced losses.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 9:38 pm

During Wednesday's intraday session, several consumer discretionary stocks experienced significant movement. Chijet Motor Co, Elys Game Technology, Holley, Carvana, Harbor Custom Dev, and JX Luxventure saw their stocks increase by 27.8%, 27.59%, 21.59%, 17.58%, 13.23%, and 12.72% respectively. On the other hand, Mullen Automotive, Lucid Gr, Singing Machine Co, SunCar Technology Group, Forza X1, and Zapp Electric Vehicles saw their stocks decline by 22.0%, 12.26%, 11.36%, 9.07%, 8.81%, and 7.41% respectively.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 5:37 pm

The article lists the stocks that gained and lost the most during Wednesday's mid-day trading session. Among the gainers were Healthcare Triangle, Ault Alliance, and Recursion Pharmaceuticals, which saw significant increases due to various positive developments. On the other hand, PainReform, CBL International, and Katapult Holdings were among the biggest losers, with their stocks declining due to various negative developments.

Portfolio Pulse from Lisa Levin

July 12, 2023 | 4:53 pm

In Wednesday's pre-market session, several consumer discretionary stocks saw significant movement. Holley (HLLY), Domino's Pizza (DPZ), Barnes & Noble Education (BNED), Educational Development (EDUC), Canoo (GOEV), and Amesite (AMST) all saw increases, with HLLY leading the gainers at 13.2%. On the other hand, Unique Fabricating (UFAB), Kirkland's (KIRK), Jowell Global (JWEL), Mullen Automotive (MULN), Charles & Colvard (CTHR), and Lifetime Brands (LCUT) all experienced declines, with UFAB leading the losers at 7.9%.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 1:12 pm

During Tuesday's intraday session, several consumer discretionary stocks experienced significant movement. RealReal, Hesai Gr, ToughBuilt Industries, EZGO Technologies, Faraday Future, and Aterian saw their stocks rise, with increases ranging from 12.74% to 18.3%. On the other hand, SunCar Technology Group, VOXX International, RCI Hospitality Hldgs, Visionary Education Tech, Barnes & Noble Education, and Mullen Automotive saw their stocks decline, with decreases ranging from 6.64% to 24.3%.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:37 pm

Mullen Automotive, Inc. (NASDAQ:MULN) has announced PowerUP, a mobile EV charging truck that can deliver level 2 and level 3 DC fast charging. The truck will be used on Mullen's upcoming 2023 EV Tour and is available for sale on an advance order basis for commercial applications such as roadside assistance and emergency response. The truck is based on a Class 5 truck platform and can provide up to 150kW of continuous power generation.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 12:30 pm

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