Traders didn’t hesitate in the slightest to snatch ups shares of Mullen Automotive Inc. (Nasdaq:MULN), pushing the micro cap up to $3.42/share (+100.00%) at the early session high. This rally was the first sign of lift form this stock as it has been riding a multi-month downtrend pretty much all year.
Mullen Automotive Inc is engaged in manufacturing electric vehicles and energy solutions. The company strives to make electric vehicles more accessible by building an end-to-end ecosystem that takes care of all aspects of electric vehicle ownership.
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