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Mullen Automotive
Page 2 of Mullen Automotive news, latest stories & analysis
Top 3 penny stocks to day trade: HUBC, TTOO, NVOS
Penny stocks are highly popular among day and swing traders because of their low prices and volatility. Most of these stocks are usually bad long-term investments because of their unprofitability, especially in a high-interest rates environment. Here are some of the top penny stocks to trade. HUB Cyber Security HUB…
October 10, 2023
Mullen Automotive (MULN) stock: learn from Rivian cash burn
Mullen Automotive (NASDAQ: MULN) stock price woes continued in September as investors remained wary of the EV startup. The shares were trading at $0.4411, near its lowest level on record. This price was ~40% below the highest point in September and 98% below the year-to-date high. MULN chart by TradingView…
October 3, 2023
Mullen Automotive stock is so cheap: 3+ reasons to avoid MULN
Mullen Automotive (NASDAQ: MULN) stock price has gyrated recently after the company made some important headlines. The penny stock jumped to a high of $0.9624 in August and then recoiled to $0.3895 on September 11th. It then rebounded by 92% and peaked at $0.75. Despite these moves, MULN stock has…
September 21, 2023
Mullen Automotive (MULN) stock price popped: A dead cat bounce?
Mullen Automotive (NASDAQ: MULN) stock price jumped by more than 15% on Tuesday as investors cheered the company’s latest acquisition. The shares jumped by as much as 20%, its best day since August. They have plunged by more than 90% this year. Why is MULN stock soaring? Mullen Automotive stock…
September 12, 2023
As the Faraday Future stock price slips, don’t be tempted to buy
Faraday Future (NASDAQ: FFIE) stock price continued its freefall on Thursday as concerns about the company’s future remained. The shares plunged by more than 18% on Wednesday and by 6% in the premarket. This means that the shares have plunged by more than 93% this year. FFIE faces many headwinds…
September 7, 2023
C3.ai stock price forecast: Is the AI bubble bursting?
C3.ai (NYSE: AI) stock price made a bearish breakout in extended hours after the company published its quarterly results. It dropped by more than 7.8% and moved to $29, lower than Wednesday’s closing price of $31. In all, the stock has now fallen by more than 35% from its highest…
September 7, 2023
3 EV stocks to avoid as the bubble deflates: MULN, VinFast, Canoo
The electric vehicle (EV) industry is going through major headwinds as demand slows and interest rates rise. Companies, including mainstream brands like Tesla and Ford have been forced to slash prices in a bid to boost demand. At the same time, EV inventories are rising while competition from companies like…
September 1, 2023
VinFast stock price forecast: FOMO rally to end badly
VinFast (NASDAQ: VFS) stock price is defying gravity as the electric vehicle company gains momentum. The shares doubled on Tuesday and reached its all-time high of $48, giving it a market cap of over $90 billion. VinFast stock price chart EV bubble is bursting VinFast, which I first wrote about…
August 23, 2023
AMTD stock price went parabolic: Here’s why HKD could slip 20%
The AMTD Digital (HKD) stock price popped on Tuesday after the company announced a new share repurchase program. The shares jumped by more than 40% and reached a high of $8.50, the highest level since April this year. It then retreated and ended the day at $6.34. AMTD Digital share…
August 23, 2023
MULN stock price: Can Mullen sustain its share buyback?
Mullen Automotive (NASDAQ: MULN) stock price sell-off intensified even as the company started its share buyback program. The shares plunged by more than 19% on Thursday and hit its all-time low of $0.79, giving it a market cap of over $56 million. Mullen share repurchase program Mullen Automotive share price…
August 18, 2023
MULN stock price: Mullen Automotive bankruptcy risks remain
Mullen Automotive (NASDAQ: MULN) stock price is slowly becoming worthless. The shares have plunged by more than 98% this year, bringing its total market cap to just $70 million. This is a major downfall for a company that spent $240 million acquiring ELMS and $148 million buying Bollinger Motors. Will…
August 10, 2023
Mullen Automotive (MULN) stock analysis: Waiting for August 3
Mullen Automotive (NASDAQ: MULN) stock price has been in a strong freefall this year as investors remain concerned about the company’s future. The shares have crashed by more than 99% in the past 12 months. Can Mullen Automotive survive? Mullen Automotive has had a remarkable fall from grace as its…
July 26, 2023
MULN stock price forecast: Is Mullen too cheap or a value trap?
The automotive industry is a difficult one, as evidenced by some of the biggest bankruptcies in the sector. For example, General Motors (NYSE: GM) and Chrysler filed for bankruptcy during the 2008 financial crisis. Most recently, electric vehicle companies like Lordstown Motors and ELMS filed for bankruptcy. And in China,…
July 10, 2023
As Lordstown Motors collapses, Mullen Automotive, Canoo could be next
Lordstown Motors (NASDAQ: RIDE) became the first electric vehicle company to file for bankruptcy protection. The company has struggled to raise capital and build its trucks after Foxconn withdrew from its partnership. Electric vehicle company collapses Lordstown Motors is an EV company that attempted to build trucks in Detroit. The…
June 27, 2023
Mullen Automotive (MULN) vs Workhorse: Better EV stock to buy?
Mullen Automotive (NASDAQ: MULN) and Workhorse Group (NASDAQ: WKHS) stock prices have plunged by double-digits this year. Workhorse shares have plunged by over 45% in 2023 while Mullen has fallen by over 94.60%. With these electric vehicle companies trading near their record lows, is either of them a good investment?…
June 13, 2023
Chijet stock price forecast: learn from Mullen and avoid CJET
Chijet (NASDAQ: CJET) stock price has done well in the past few days after the company’s combination with Jupiter Wellness. The stock rocketed up by more than 50% on Monday and hit its all-time high of $8.36. It is a relatively small electric vehicle company with a market cap of…
June 5, 2023
As the MULN stock price gets oversold, is Mullen a bargain?
Mullen Automotive (NASDAQ: MULN) stock price bearish trend continued on Monday as concerns about the company continued. The stock is sitting at a record low of $0.70, meaning it has plunged by more than 90% this year and by 97% in the past 12 months. This decline and the fact…
June 5, 2023
Rivian stock price forecast: Here’s why I’m buying Rivian shares
Rivian (NASDAQ: RIVN) stock price has drifted upwards in the past few weeks as the recent sell-off eases. Shares of the electric vehicle manufacturing company have risen to $15, higher than the year-to-date low of $11.8. Why I’m buying RIVN shares Rivian share price has been a huge disappointment to…
May 30, 2023
MULN stock price gets oversold: Mullen short squeeze likely
Mullen Automotive (NASDAQ: MULN) stock price has crashed to an all-time low as concerns about the company continued. MULN shares plunged to a low of $1.22 and has dropped in the past four straight months. It has dropped by almost 100% from its all-time high, giving it a market cap…
May 17, 2023
Nio stock price analysis: could jump by ~80% unless this happens
Nio (NYSE: NIO) stock price has been dead money for a while now. The shares were trading at $8.40 on Tuesday, where it has been stuck at in the past few months. This price is about 87% below the highest point in 2022. So, is it safe to buy Nio?…
May 9, 2023
Rivian vs Mullen Automotive (MULN): Which is the better EV stock?
Electric vehicle stocks have nosedived in the past few weeks as concerns about the industry continues. Tesla shares have plunged by over 25% from the year-to-date high after the company’s margins contracted. Rivian (NASDAQ: RIVN)stock price has dropped to a record low, erasing over $140 billion in value. Similarly, MULN…
May 1, 2023
Nikola stock price forecast: the beginning of the end for NKLA?
Nikola (NASDAQ: NKLA) stock price has been in a strong freefall in the past few years, which has cost investors billions of dollars. The shares tumbled to a low of $0.8255 this month, which was the lowest level on record. In all, it has dropped by more than 90% from…
April 18, 2023
Canoo and MULN stocks have diverged: Are these EV stocks safe?
Canoo (NASDAQ: GOEV) and Mullen Automotive (NASDAQ: MULN) stock prices have diverged in the past few days. MULN stock was trading at $0.09 on Monday, a few points above the all-time low of $0.090. On the other hand, Canoo stock price was trading at $0.6721, about 32% above the year-to-date…
April 17, 2023
MULN stock price: Mullen Automotive faces more headwinds ahead
Mullen Automotive (NASDAQ: MULN) stock price has made a swift recovery in the past few days after the company made some encouraging announcements. The shares jumped to a high of $0.1575 on Friday, ~70% above the lowest level this year. Mullen Automotive short-squeeze The MULN stock price made a strong…
April 3, 2023
MULN stock price could crash to zero as bankruptcy risks rise
Mullen Automotive (NASDAQ: MULN) stock price continued its bearish trend on Wednesday as jitters in the financial market continued. Shares of the electric vehicle company were trading at $0.1380, meaning that they have plummeted by over 70% from their highest point in February. Bankruptcy risks remain I have been warning…
March 15, 2023
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