Mullen Automotive stock plunges on reverse stock split announcement

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Mullen Automotive stock plunges on reverse stock split announcement
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Mullen Automotive shares plunge after reverse stock split is announced

Mullen Automotive Inc. will conduct a 1-for-25 reverse stock split as the electric vehicle company looks to maintain its Nasdaq listing.The stock will continue to trade on the Nasdaq Capital Market under the existing symbol ‘MULN’ and will begin trading.

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