Bad News For Mullen (MULN) Stock Fans

Six days ago Mullen happily announced starting days of its “Strikingly Different” tour for the crossover Five. In California and Nevada, the EV crossover will take test drive tours for those who want to try it in person. Definitely, video footages are most likely to be provided on Mullen’s social media accounts.

This news had to pump MULN shares at least 10% but global recession isn’t giving any chance for stock to get further push amid American economy faces challenging times.

Although Mullen beat Q2 earnings estimates and partners with Bollinger, a commercial truck maker its shares are continuing to plunge further. MULN is not BTC which resists joining most bleeding indices. Maybe waiting for the economic winter’s end will save investors more additional funds for lightning kick-offs.

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