Скачать или смотреть MULN Stock: $63 million contract - Big Rebound Coming for Mullen Automotive?

Trading update $muln

Mullen Automotive (NASDAQ:MULN), an upstart electric vehicle maker, has seen an 8% surge in its stock price following an announcement of a 1,000-vehicle order worth $63 million from Randy Marion Automotive Group's Randy Marion Isuzu, LLC. Mullen had been struggling with production delays and a recent defamation lawsuit, but this large order provides a fundamental catalyst for the stock in the near term. At around 8 cents per share, there is limited downside for MULN stock, and speculators may become increasingly interested in betting on a rebound. However, investors should be aware that Mullen remains one of the most embattled companies among EV stocks.

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