HomeMarket NewsMicro Cap StocksWhat's Going On With Mullen Automotive Inventory At present?

What's Going On With Mullen Automotive Inventory At present?

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Mullen Automotive, Inc. MULN shares are buying and selling larger Monday regardless of a scarcity of company-specific information.

What To Know:

Final Thursday, the corporate introduced that it had filed an enchantment to the dedication by the Nasdaq Itemizing {Qualifications} Division and had requested an extension of time to current its plan to regain compliance with Nasdaq minimal bid itemizing requirement.

Mullen acquired discover on Sept. 6 indicating that the corporate didn’t meet the Sept. 5 deadline to regain compliance with Nasdaq Itemizing 5550(a)(2) as a consequence of its failure to keep up a minimal bid value ofΒ $1.00.

Shares of Mullen Automotive are transferring larger on above-average buying and selling quantity. In line with knowledge from Benzinga Professional, greater than 35 million shares have already been traded within the session, in comparison with the inventory’s 100-day common of 56.521 million shares.

Associated Information: What’s Going On With Aurora Hashish Inventory

MULN Worth Motion: In line with Benzinga Professional, Mullen Automotive shares are up 12.8% at 47 cents on the time of publication.

Picture: andreas160578 from Pixabay

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