The Latest Breaking News from MULN

Consumer confidence dropped month-over-month in November. However, it remains well above the mark, indicating a healthy economy. We think investors’ quality stocks, UnitedHealth Group (UNH) and Bristol-Myers Squibb (BMY), which have solid dividend-paying records, could help navigate the uncertainties. However, fundamentally weak Peloton Interactive (PTON) and Mullen Automotive (MULN) might…

While solid EV demand and favorable government incentives are significant tailwinds for the EV industry, EV manufacturer Mullen Automotive (MULN) is still far from starting its deliveries. The company is expected to struggle amid high inflation, supply chain issues, rising raw material costs, and stiff competition. Thus, is it worth…

Despite soaring demand, the auto industry has been bogged down by macroeconomic challenges, chip shortages, and supply chain disruptions. Given these factors, it could be wise for investors to back off from investing in fundamentally weak auto stocks Rivian Automotive (RIVN), Canoo (GOEV), Faraday Future Intelligent Electric (FFIE), and Mullen…

While the Fed’s fourth consecutive interest rate hike was in line with expectations, the extent to which the interest rate will ultimately rise has triggered a fresh bout of panic and volatility in the stock market. Given the gloomy market outlook, fundamentally weak stocks DraftKings (DKNG) and Mullen Automotive (MULN)…

Electric vehicle company Mullen Automotive (MULN) has lost more than 90% this year and is currently trading at lower than 50 cents. However, it might not be wise to get tempted by the low price and invest in the stock due to its weak fundamentals. Read on….

Stock market volatility is rife amid the Fed’s hawkish monetary policy stance and widespread recession fear. Analysts have warned of a global recession by mid-2023. Given the market turmoil, we think investors should cash out of Payoneer Global (PAYO), ContextLogic (WISH), LL Flooring (LL), and Mullen Automotive (MULN), which have…

Electric vehicle company Mullen Automotive’s (MULN) CEO has sold its shares on seven separate occasions this year, with total shares sold counting to more than 2 million. Moreover, MULN has declined substantially over the past month. Let’s discuss this stock in detail….

Despite growing EV demand and supportive government policies, the industry has been struggling with numerous challenges, including supply chain issues, chip shortages, material inflation, and inadequate charging infrastructure. So, considering the headwinds, we think it could be wise to avoid fundamentally weak EV stocks Lucid (LCID), Nikola (NKLA), Faraday Future…

The Fed’s aggressive monetary policy stance has significantly weighed on investors’ sentiment this year. With the Fed hinting at further rate hikes in the upcoming months, the odds of a recession have increased. Given this backdrop, we think it could be wise to avoid the most active stocks on Wall…