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

During Wednesday's intraday session, several consumer discretionary stocks saw significant movement. Mullen Automotive (MULN), Cenntro Electric Gr (CENN), Foresight Autonomous (FRSX), WW International (WW), SIGNA Sports United (SSU), and Lordstown Motors (RIDE) all experienced gains, while Connexa Sports Techs (CNXA), BorgWarner (BWA), Traeger (COOK), and Alliance Entertainment (AENT) saw their stocks fall.

Portfolio Pulse from Benzinga Insights

July 05, 2023 | 5:37 pm

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. Among the gainers, Allarity Therapeutics, iMedia Brands, and LightPath Technologies saw significant increases due to positive clinical trial results and Nasdaq compliance notices. Among the losers, 1847 Holdings, Fresh Vine Wine, and Longevity Market Assets saw significant decreases due to public offering pricing and the start of trading on Nasdaq.

Portfolio Pulse from Lisa Levin

July 05, 2023 | 5:29 pm

Mullen Automotive Inc (NASDAQ:MULN) has hired Christian Attar, in partnership with Warshaw, Burstein, LLP, to investigate potential market manipulation involving illegal naked short selling. The company has been actively investigating this issue since April 28 and is now ready to take action against any market manipulators. Mullen shares were up 6.54% at the time of publication.

Portfolio Pulse from Adam Eckert

July 05, 2023 | 2:16 pm

Mullen Automotive (NASDAQ:MULN) has hired Christian Attar, formerly known as Christian Levine Law Group, and Warshaw, Burstein, LLP, to investigate potential illegal naked short selling of its common stock. The company believes it may have been the target of a market manipulation scheme. Christian Attar and Warshaw Burstein have previously successfully prosecuted and collected damages from entities engaged in such market manipulation schemes.

Portfolio Pulse from Happy Mohamed

July 05, 2023 | 12:16 pm

During Tuesday's intraday session, several consumer discretionary stocks experienced significant movement. Barnes & Noble Education (BNED), Singing Machine Co (MICS), Rivian Automotive (RIVN), Connexa Sports Techs (CNXA), MGO Global (MGOL), and Volcon (VLCN) saw their shares rise, while ECARX Holdings (ECX), 51 Talk Online Education (COE), Lordstown Motors (RIDE), and Mullen Automotive (MULN) experienced a decrease in their stock prices.

Portfolio Pulse from Benzinga Insights

July 04, 2023 | 5:38 pm

During Monday's intraday session, several consumer discretionary stocks saw significant movement. Barnes & Noble Education (BNED), Singing Machine Co (MICS), Rivian Automotive (RIVN), Connexa Sports Techs (CNXA), MGO Global (MGOL), and Volcon (VLCN) shares rose by 27.8%, 18.69%, 17.79%, 17.64%, 17.04%, and 14.74% respectively. On the other hand, ECARX Holdings (ECX), 51 Talk Online Education (COE), Lordstown Motors (RIDE), and Mullen Automotive (MULN) shares decreased by 16.8%, 8.09%, 7.05%, and 6.69% respectively.

Portfolio Pulse from Benzinga Insights

July 03, 2023 | 5:38 pm

During Friday's intraday session, several consumer discretionary stocks experienced significant movement. Gainers included 51 Talk Online Education (COE), Forza X1 (FRZA), XPeng (XPEV), Yoshiharu Global (YOSH), Vitru (VTRU), and Lazydays Hldgs (LAZY). Losers included MGO Global (MGOL), Cricut (CRCT), Golden Sun Education Gr (GSUN), Mullen Automotive (MULN), JOANN (JOAN), and E-Home Household Service (EJH).

Portfolio Pulse from Benzinga Insights

June 30, 2023 | 5:37 pm

Mullen Automotive (NASDAQ:MULN) has sold 22 EV cargo vans to Randy Marion Automotive Group, marking its first recorded revenue of $308,000. The revenue will be recognized in the quarter ending June 30, 2023. Mullen is also in process with six Campus EV Pilot Programs across four different industry categories. The company's commercial vehicles will be produced at Mullen's Tunica assembly plant.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 12:18 pm

During Wednesday's intraday session, several consumer discretionary stocks experienced significant movements. Gainers included Motorcar Parts of America (MPAA), Xponential Fitness (XPOF), Lulus Fashion Lounge (LVLU), Beazer Homes USA (BZH), Carvana (CVNA), and Arcimoto (FUV). Losers included Kidpik (PIK), Chijet Motor Co (CJET), Lordstown Motors (RIDE), Mullen Automotive (MULN), Greenlane Hldgs (GNLN), and Lifetime Brands (LCUT).

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 5:37 pm

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. Among the gainers, Minerva Neurosciences surged 46.2% after announcing a $20 million private placement. Kaleyra jumped 38.3% after Tata Communications announced plans to acquire the company. Among the losers, American Rebel Holdings fell 31.4% after announcing a 1-for-25 reverse stock split. AST SpaceMobile shares fell 29.3% after the company announced pricing of an upsized offering of Class A common stock.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 5:04 pm

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