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.

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Shares of ToughBuilt Industries fell by over 46% after pricing its share offering at $0.41 per share. Other stocks that experienced significant movement include Advanced Health Intelligence, Ocean Biomedical, LumiraDx, Catalyst Biosciences, PureCycle Technologies, Mullen Automotive, and World Acceptance Corporation.

Portfolio Pulse from Lisa Levin

June 21, 2023 | 4:57 pm

11 consumer discretionary stocks experienced significant price movements in Wednesday's pre-market session, with Mullen Automotive, AYRO, F45 Training Holdings, Vacasa, and a.k.a. Brands Holding among the gainers, while ToughBuilt Industries, GAN, Winnebago Industries, Youdao, QuantaSing Group, and Visionary Education Tech were the losers.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 1:14 pm

Mullen Automotive (NASDAQ:MULN) announced an investor financing moratorium for the rest of 2023, stating it has sufficient capital for the next 12 months. The company's stock has declined over 95% since March 31, 2023, but is trading higher by 15% in premarket today.

Portfolio Pulse from Shivani Kumaresan

June 21, 2023 | 1:04 pm

Mullen Automotive (NASDAQ:MULN) announces a financing moratorium for the rest of 2023, stating it has sufficient capital for at least the next 12 months. The company's assets are unencumbered, except for $7.3M in outstanding debt. Mullen's stock has declined over 95% since March 31, 2023.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 12:59 pm

Mullen Automotive (NASDAQ:MULN) shares are trading down after announcing the integration of PERSONA, an AI camera/sensor and video monitoring system, across its EV lineup. The technology received positive feedback and has various commercial applications.

Portfolio Pulse from Ryan Gustafson

June 20, 2023 | 7:52 pm

Mullen Technologies announced the integration of its PERSONA AI camera/sensor and video monitoring system across its electric vehicle (EV) lineups. The advanced system aims to enhance safety and user experience.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 11:31 am

12 consumer discretionary stocks experienced significant price movements during Friday's pre-market session, with iRobot, Lordstown Motors, Visionary Education Tech, BurgerFi International, Mullen Automotive, and Lifetime Brands among the gainers, while Genius Sports, RumbleON, Lottery.com, Meta Data, Xcel Brands, and EZGO Technologies were the losers.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 1:09 pm

The article lists the top 5 oversold consumer stocks with an RSI near or below 30, presenting an opportunity to buy into undervalued companies. The stocks mentioned are Mullen Automotive (MULN), EBET Inc. (EBET), JOANN Inc. (JOAN), Greenlane Holdings (GNLN), and Advance Auto Parts (AAP).

Portfolio Pulse from Lisa Levin

June 16, 2023 | 12:45 pm

On Thursday, 64 companies hit new 52-week lows, with Royalty Pharma being the largest by market cap and Bone Biologics the smallest. Bone Biologics also saw the largest drop, with shares down 54.71%, while Castellum shares bounced back the most, rising 0.0% after hitting a new low.

Portfolio Pulse from Benzinga Insights

June 15, 2023 | 6:53 pm

Mullen Automotive's stock is trading higher after a letter to shareholders highlighted its $135 million cash position and belief that it's trading at a discount relative to its cash holdings. The company also mentioned its stock has declined 90% since March-end and has received $279 million in purchase orders from Randy Marion Automotive Group.

Portfolio Pulse from Adam Eckert

June 15, 2023 | 12:37 pm

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