Shares Plunge 25% Amid Reverse Stock Split Plans

benzinga.com/cannabis/25/05/45702435/mullen-automotive-muln-shares-plunge-25-amid-reverse-stock-split-plans

Shares of Mullen Automotive Inc (NASDAQ:MULN) tumbled 25.4% to $0.08 on Friday afternoon, extending recent losses following the company's announcement of a 1-for-100 reverse stock split.
What To Know: The electric vehicle manufacturer aims to regain compliance with Nasdaq's $1.00 minimum…

This story appeared on benzinga.com, 2025-05-30 18:46:13.
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