MULN has been in the news 500% more than usual
Jun 05, 2025, 6:31 PM
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What does MULN do
Mullen Automotive, headquartered in Brea, California, manufactures electric passenger and commercial vehicles, employing 326 staff. The company has segments for Bollinger and Mullen/ELMS, developing various EVs, including the Mullen FIVE and Mullen ONE.
MULN has been in the news recently: Mullen Automotive Inc. plans to relaunch its Mullen FIVE RS electric vehicle crossover, with sales expected to begin in Germany in December 2025. Following a 1-for-100 reverse stock split, the company's shares experienced a rise due to securities purchase agreements, but they fell again after a significant rally.
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