What's Going On With Mullen Automotive Stock?

What's Going On With Mullen Automotive Stock?

Mullen Automotive 股票怎么了?
Benzinga ·  02/16 15:01

Mullen Automotive, Inc. (NASDAQ:MULN) shares are moving higher Friday on above-average trading volume. The company on Tuesday reported Q4 results.


What To Know:


Mullen reported fourth-quarter losses of $15.32 per share, compared to losses of $6,233.08 loss per share from the same period last year.


"We are coming off our strongest quarter to date for vehicle production and deliveries. For the three months ended Dec. 31, 2023, the Company delivered 231 vehicles. For the 12 months ended Sept. 30, 2023, the Company delivered a total of 35 vehicles," said David Michery, CEO of Mullen Automotive.

“我们即将迎来迄今为止汽车产量和交付量最强劲的季度。在截至2023年12月31日的三个月中,该公司交付了231辆汽车。在截至2023年9月30日的12个月中,该公司共交付了35辆汽车。” 马伦汽车首席执行官戴维·米切里说。

"Our pivot to focus on commercial EVs last year was a strategic move and has been paying off as we continue to see increased demand across our CAMPUS, Class 1 and Class 3 EVs and PowerUP charging trucks," Michery added.


On Friday Mullen announced Bollinger Motors has named LaFontaine Automotive Group as its first authorized dealer with two locations in Lansing and Farmington Hills, Michigan on Wednesday.


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MULN Price Action: According to Benzinga Pro, Mullen Automotive shares are up 22.2% at $9.30 at the time of publication.

MULN价格走势:根据Benzinga Pro的数据,在发布之时,马伦汽车的股价上涨了22.2%,至9.30美元。

Image: Courtesy of Mullen Automotive, Inc.


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