How much money would you have made on Mullen Automotive Inc?

If you had invested: $1,000.00๐Ÿ’ต

Into MULN on 2023-05-15 ๐Ÿ“…

You would have made:

$-965.11 ๐Ÿค‘

Your Annual Rate of Return would be: -96.51% ๐Ÿ“ˆ

Total Increase: -96.51%๐Ÿ“ˆ

With that much money you could have bought:

-0.0004 Bugattis


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Background


Mullen Automotive Inc, located at 3363 ne 163rd street, suite 705, north miami beach, fl, us specializes in the services-computer processing & data preparation industry. It is currently listed on the exchange NASDAQ in the country USA.

The company's last annual earnings report on 2023-06-30 showed that it had reached a market capitalization of 72,286,000 dollars.

If someone had invested $100 in Mullen Automotive Inc 10 years ago, their investment would be worth roughly $-100.0 today, according to If You Had Invested


If you had invested...


The stock price is a reflection of the company's performance and for MULN, its stock has been terrible. If you had invested $1,000 in Mullen Automotive Inc 1 year ago and held onto your investment until today (in other words, if you didn't sell any shares), here's what would have happened:

Your investment would now be worth roughly $34.889999999999986 today.


Financials


If you are looking for a company with a high dividend yield then avoid Mullen Automotive Inc because it does not pay a dividend.

In terms of growth Mullen Automotive Inc has been on the up and up with a Quarterly earnings growth rate of 0. At the same time revenue growth has been to the moon with a rate of 0.


You've probably heard a lot of different things about investing in the stock market. After all, it can be volatile and unpredictable. But that doesn't mean it's not a good place to invest your money. In fact, many people who are experts on this subject will tell you that the stock market has been rewarding for investors over timeโ€”and that includes those who invested just one year ago!

The stock market is volatile and not a get rich quick scheme. Itโ€™s a long term investment strategy that can help you build wealth and diversify your portfolio.

As Mullen Automotive Inc continues on its journey to become a 10,842,900,0.0 dollar company, there is no doubt that the stock will continue to rise. You should watch out for any major announcements about their products or recent earnings. If you wish to invest in the stock market but are not sure where to start, start by signing up on Robinhood



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