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Mullen Automotive’s stock bounces sharply on market-leading volume

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Shares of Mullen Automotive Inc. charged up 16.5% on heavy volume in afternoon trading Thursday, a day after closing at a one-month low. Trading volume...

Shares of Mullen Automotive Inc.

charged up 16.5% on heavy volume in afternoon trading Thursday, a day after closing at a one-month low. Trading volume swelled to 713.2 million shares, which is enough to make the electric vehicle maker’s stock the most actively traded on major U.S. exchanges, and compares with the full-day average over the past 30 days of 381.3 million shares, according to FactSet.

charged up 16.5% on heavy volume in afternoon trading Thursday, a day after closing at a one-month low. Trading volume swelled to 713.2 million shares, which is enough to make the electric vehicle maker’s stock the most actively traded on major U.S. exchanges, and compares with the full-day average over the past 30 days of 381.3 million shares, according to FactSet.

 

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