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Mullen Automotive Inc.’s stock price is currently trading at $0.1958 with an intraday loss of 12.00%.
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MULN stock price is trading below the major EMAs showcasing bullishness.
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MULN stock gave a lackluster performance throughout the year.
Mullen Automotive Inc. stock has performed poorly this year, wiping out more than 99% of investors’ wealth. Although this year has not been well for EV stocks, the MULN stock performed poorest among them.
Mullen Automotive, Inc. is a company involved in the manufacturing of electric vehicles. The company makes passenger and commercial EVs and indulges in solid-state polymer battery technology. The company operates from Brea, California.
Is It a Game Over For The Mullen Stock?
MULN stock is in a risky state as the company is making revenue of less than 1 Million ($308K) and also, less than one year of cash. Moreover, the company’s earnings have been decreasing (83.1%) continuously over the 5 yea
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