Shares of Mullen Automotive Inc. leapt 11.3% in morning trading, after the electric vehicle maker said it paid $3.5 million for the battery pack production...
Shares of Mullen Automotive Inc.
leapt 11.3% in morning trading, after the electric vehicle maker said it paid $3.5 million for the battery pack production assets of Romeo Power. The stock’s rally comes after it closed at a third-straight record low of 41.9 cents on Friday, That selloff was in the wake of the delisting determination the company received from the Nasdaq.
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