Previous close | 0.1124 |
Open | 0.1090 |
Bid | 0.1150 x 4000 |
Ask | 0.1151 x 4000 |
Day's range | 0.1050 - 0.1146 |
52-week range | 0.1000 - 3.4500 |
Volume | |
Avg. volume | 222,103,786 |
Market cap | 184.414M |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | -8.5550 |
Earnings date | 07 Mar 2023 - 10 Mar 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 23.00 |
After it was voted down, Mullen's stock raced to a 10% increase over the course of the week, according to data compiled by S&P Global Market Intelligence. In a special meeting of shareholders held on Wednesday, Mullen conducted a vote on that reverse stock split. While maintaining a stock market listing isn't do-or-die for businesses, maintaining a presence is vital for both prestige and for potential capital-raising efforts in the future.
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Investors may want to think twice before adding these names to their portfolios: Lithium Americas (NYSE: LAC), Mullen Automotive (NASDAQ: MULN), NXP Semiconductors (NASDAQ: NXPI), Rivian (NASDAQ: RIVN), and Sunrun (NASDAQ: RUN). It's unsurprising, therefore, that Lithium Americas is gaining popularity right now. In the pre-revenue phase of its development, Lithium Americas is garnering attention from growth investors, who foresee returns when the company commences operations at its two projects.