Mullen Automotive

Mullen Automotive Inc. is a southern California-based electric vehicle company, which engages in the manufacture of passenger electric vehicles and commercial vehicles. The company was founded on April 20, 2010 and is headquartered in Brea, CA.

Mullen has rallied from its November 2022 lows on the back of a raft of soft operational developments. The company's Form-10K, quietly released ahead of a 3-day weekend, paints a dire picture for the near-term future of the EV upstart.

Mullen Automotive: Electrifying Rally But Tread With Caution

While the major equity indices stumbled on rising bond yield concerns, embattled but nevertheless outstandingly popular electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ: MULN ) jumped the other way, gaining over 3% in the afternoon session. Fading short interest implies that the bears may no longer be targeting MULN stock with gusto.

Mullen Automotive (MULN) Stock Pops Amid Falling Short Interest

It's possible that some meme stock traders with impeccable timing have profited by trading in and out of Mullen Automotive (NASDAQ: MULN ). However, the same can't be said about investors who have bought MULN stock with a buy-and-hold strategy.

Laying Out the Bear Case for MULN Stock

While Mullen Automotive (NASDAQ: MULN) is not out of the woods, it appears the tide has turned for the stock. The short-interest data suggests the bearish wave is relenting, and the technicals show the bulls gaining ground.

Mullen Automotive Stock, The Tide Has Turned

Amid a market session that turned sour on Friday, electric vehicle (EV) upstart Mullen Automotive (NASDAQ: MULN ) again provided the fireworks. Although no company-specific news appeared to contribute to the 15% moonshot in MULN stock earlier this morning, investors may be responding to a major announcement yesterday.

Why Is Mullen (MULN) Stock Up 15% Today?

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For medium to long-term investors, it's essential to screen fundamentally strong businesses when looking to add exposure to a given sector or type of stock. However, from a trading perspective, an under-performing stock can be a good investment within a limited time horizon.

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Mullen Automotive (NASDAQ: MULN ) stock is up 15% today on plans for a program that will bring its electric vans to Los Angeles International Airport (LAX). What does this mean for investors?

MULN Stock Alert: Mullen Strikes EV Deal for LAX

Mullen Automotive (NASDAQ: MULN) did it again. The company released more good news that has the market moving higher.

Mullen Automotive Stock Gains Momentum On Positive News

Menzies, with over 8,000 vehicles in its global fleet, has started evaluation of Mullen Class 1 EV cargo vans along with EV charging infrastructure from Loop Global across its operations at Los Angeles International Airport Menzies, with over 8,000 vehicles in its global fleet, has started evaluation of Mullen Class 1 EV cargo vans along with EV charging infrastructure from Loop Global across its operations at Los Angeles International Airport

Mullen Automotive, Loop Global and Menzies Aviation Pilot New Electric Vehicles and Charging Infrastructure at Los Angeles International Airport

In early November, Mullen Automotive (NASDAQ: MULN ) announced that it had entered into an agreement with Newgate Motor Group, a dealership group in Ireland. The agreement stipulated that Newgate would become the I-GO “marketing, sales, distribution and servicing agent” in the U.K. and Ireland.

MULN Stock Alert: Where Are Mullen's I-GOs?

Despite its small size, Mullen Automotive (NASDAQ: MULN ) has arguably become as widely followed as the larger, more high-profile EV stocks. However, this popularity notwithstanding, MULN stock differs greatly from these other names, and not just in terms of market capitalization.

Is Mullen (MULN) Stock a Good Buy? Here's My Call.

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The electric vehicle industry is back on the upswing. In fact, after a dismal 2022, EV stocks saw far stronger returns in Jan. Industry leader Tesla (NASDAQ: TSLA ), for example, has seen its stock price run up more than 50% over the past month.

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Mullen Automotive (NASDAQ: MULN) recently announced hiring 11 more executives for its growing fleet. The hires include new team members for the commercial van and truck segment and the flagship FIVE crossover segment and span all areas of operations.

Mullen Automotive On Hiring Spree, What Could That Mean?

There are no guarantees that California-headquartered electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ: MULN ) will succeed in five or 10 years. For this year, though, MULN stock has a genuine shot at doubling, tripling or more.

My MULN Stock Price Prediction for 2023

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Electric vehicle stocks went into a deep correction last year, and many believe the sector had it coming. Most EV stocks had been trading at bloated valuations, and the bubble burst was always on the cards last year.

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The company's investors rode to its rescue with a vote in a special meeting of shareholders.

Why Mullen Automotive Stock Cruised to a 10% Gain This Week

Investors in Mullen Automotive (NASDAQ: MULN ) are seeing some impressive price action building today. Shares of MULN stock are now up more than 5% at the time of writing on news that shareholders in the company have approved a reverse stock split, but the company may choose not to enact it.

Why Is Mullen (MULN) Stock Heating Up Today?

Mullen Automotive's (NASDAQ: MULN) price action is heating up again, and the charts look as good as ever. The caveat is that short-selling and bearish activity is just as hot as ever and will likely keep the action volatile, if nothing else.

Mullen Automotive: The Good News, The Bad And The Ugly Outlook

Despite an encouraging press release from Mullen Automotive (NASDAQ: MULN ), MULN stock is currently down by more than 5%. Today, the emerging electric vehicle (EV) company announced it had made 11 new hires.

MULN Stock Alert: Mullen Announces 11 New EV Hires

Yesterday, Mullen Automotive (NASDAQ: MULN ) held its special meeting of stockholders and disclosed the preliminary vote approval for Proposal No. 2, which involves increasing authorized common stock to 5 billion from 1.75 billion.

Mullen (MULN) Stock in Focus on ‘No Plans' for Reverse Stock Split

Mullen adds key hires in support of commercial and consumer vehicle programs across product development, manufacturing and commercial sales Mullen adds key hires in support of commercial and consumer vehicle programs across product development, manufacturing and commercial sales

Mullen Announces Key Hires Across EV Programs

Judging by a large number of articles about Mullen Automotive (NASDAQ: MULN ), and the number of people talking about MULN stock on social media, Mullen has become a leading meme stock with a sizable cult following. However, as hot as it may appear from the outside, the company appears to be untrustworthy to me.

Just Say No! 4 Reasons to Steer Clear of Mullen (MULN) Stock.

Mullen Automotive (NASDAQ: MULN ) held its special meeting of stockholders earlier today, and the preliminary results showed that shareholders voted in favor of Proposal No. 2, which seeks to increase authorized common stock to 5 billion from 1.75 billion.

MULN Stock Alert: Preliminary Vote Approves Mullen Share Increase

Shareholders approve all proxy related proposals: company has no plans at current time to effect a reverse stock split Shareholders approve all proxy related proposals: company has no plans at current time to effect a reverse stock split

Mullen Announces Result of Special Meeting of Shareholders

Despite an encouraging post from CEO David Michery, shares of Mullen Automotive (NASDAQ: MULN ) stock opened in the red this morning. The CEO shared an update on Instagram with the caption “Another long day at the Mullen office.

News for Mullen Automotive Stock (MULN)