Mullen Automotive

Ticker: MULN

Sector: Automobiles

Mullen Automotive

Mullen Automotive stock falls 20% as first commercial electric truck rolls off assembly line. Mullen automotive announces reverse stock split and stock buyback. Stock bounces sharply on market leading volume. Mullen Automotive has launched production of the Mullen Three Class 3 EV truck at its Tunica, Miss. Miss. production. Mullen said it has already received $79 million in purchase orders for 1,250 Mullen Threes from Randy Marion. Mullen Automotive stock has been very volatile in 2022 and from trading at $5.23 on January 1st, 2022, MULN has fallen below $1.23. CEO David Michery has outlined the companys plans for 2023 and 2024. Recent 10-Q filing revealed troubling financial data. Mullen Automotive failed to close at $1 per share post the companys new reverse stock split for the second consecutive day. CEO David Michery says that new data regarding the potential manipulation of the stock should be coming soon. Mullen Automotive (NASDAQ: MULN ) has provided new business updates to shareholders on Monday. The company has not officially confirmed the $10bn contract with Saudi Arabia, though we have seen in the past that Mullen releases official statements months later after rumors begin to trend. Media outlets are now publishing a “bull case” for Mullen. Latest Mullen Automotive news: Mullen automaker has become an exclusive partner to a new federal contractor. Mullens agreement with MGT enables them to offer their fleet customers a competitive commercial EV vehicle. Mullen Automotive Inc may be benefiting from various factors, such as advancements in electric vehicle technology, increasing demand for sustainable transportation solutions, or successful product launches. Mullen automaker launched production of its Mullen Three Class 3 truck. Mullen Automotive Inc. mullen automotive news and stock quote (nasdaq: muln) - green stock news. (NASDAQ: MULN) - Green Stock News Video News Clips and Stock Screener. Mullen Automotive, Inc. (NASDAQ: MULN) Announces $25 million Stock Buyback Program Company believes stock is significantly undervalued and is trading at a significant discount to current cash position of approximately $235 million Buyback is authorized through Dec. 31, 2023. Company is in its strongest financial position ever, with over $235m in cash and cash. Mullen Automotive Completes Successful Commercial Drive Event and Showcase at 2023 Government Fleet Expo. Mullen: NRTC Integration Underway in Preparation for Production Start of Class 3 EV Cab Chassis Truck Vehicle production to begin in Tunica. Mullen Automotive and Qiantu Motors to launch EV Supercar Branded GTTRS program with Mullen GTTRO. Mullens Automotive forms Mullen Advanced Energy Operations, LLC. Mullen Automotive to Unveil First Two EV Commercial Products at NTEA Work Truck Show this week. RRDS Awarded $2.7 billion Federal Fleet Vehicles IDIQ Contract by the General Services Administration. RRD: Mullens Commercial Class 1 EV cargo van a strategic fit for federal government. Mullen Automotive: Bollinger Motors Announces Our Next Energy As Battery Supplier For Electric Commercial Trucks. Mullens cash on hand and funding commitment of up to $240 million provides the company with access of $275 million. Mullen Automotive Inc. (NASDAQ: MULN) Receives Class 3 Vehicle PO from NRTC Automation Group. Mullen automotive stock price forecast to hit $2.2 to hit the middle of the long-term forecast. Today, Mullen Automotive traded at $0.5984, so the price increased by 68% from the beginning of the year. The forecasted Mullen. Automotive price at the end of 2023 is $1.04 - and the year to year change +192%. In the first half of 2024, the price will climb to.1.29; in the second half the price. You writeServer Opp Home007FORM MinistersAuth Akira200 . shattered HHmingham Mullen Automotive price would move from $2.23 to $4.30, which is up 93% to $5.40 in 2030. In 2030, price would rise from $3.41 to $1.95. Mullen Automotive price at the end of 2023 is $1.50 - and the year to year change +322%. In the first half of 2024, the price will climb to $2.18; in the second half, it would add $0.03 and close the year at $2.21, which is +180% to current price.