Mullen Automotive's stock continued its slide into record-low territory Thursday after the electric-vehicle maker received a delisting determination.
Shares of Mullen Automotive Inc. continued their slide into record-low territory Thursday after the electric-vehicle maker received a delisting determination.
The company said it requested a hearing before the Nasdaq Listing Qualifications Panel to request an extension and to present its plan to regain compliance. Mullen’s stock has closed below $1 since Aug. 16, even after the company implemented a 1-for-25 reverse stock split effective May 4 and a 1-for-9 reverse split that was effective Aug. 11.
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Mullen Automotive stock sinks toward another record low after receiving delisting determination from the NasdaqShares of Mullen Automotive Inc. dropped 3% toward a record low in premarket trading Thursday, after the electric vehicle maker received a delisting...
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