|Bid||0.1150 x 4000|
|Ask||0.1151 x 4000|
|Day's range||0.1050 - 0.1146|
|52-week range||0.1000 - 3.4500|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||07 Mar 2023 - 10 Mar 2023|
|Forward dividend & yield||N/A (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.