Mullen Stock Forecast: MULN gains on Tuesday in contrast to broader market

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Mullen Automotive (MULN) stock opened higher on Tuesday, a relief for shareholders who were dealt a 9.

stock has fallen 19% since receiving notice that

exchange will give the company further time to push its stock price above the necessary $1 threshold. Friday and Monday’s sell-off may be over, however, as Mullen stock has rallied as high as $0.34 early Tuesday and is up more than 13% at the time of writing. The US market is broadly lower on Tuesday in sharp contrast to advancing European stock markets.

shares fell to $0.60 in the leadup to the September 5 date given by

 

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