Source: Ringo Chiu / Shutterstock Among the meme stocks gaining traction today is Mullen Automotive (NASDAQ:MULN). Shares of MULN stock have surged more than 8% in today’s session, moving off of an all-time low seen over the past week. This move is on some rather compelling news for speculators and investors in this upstart electric…
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Car Rental Companies Expanding Again, Leading to Spring Deals
Young whippersnappers might not remember that you didn’t always have to take out a loan to rent a car for the weekend. Thankfully, after the pandemic years, prices are coming down, and there are even deals to be had. Signs that the rental-car industry is turning around can be found in recent expansion announcements, both…
Auto Software Firm LeddarTech Reaches Deal to Go Public Via SPAC
(Bloomberg) — LeddarTech Inc., an automotive software company, is going public through a merger with a blank-check company led by Qualcomm Inc.’s former president. Most Read from Bloomberg The deal with Prospector Capital Corp. will give LeddarTech a pro forma equity value of $348 million, according to a statement on Tuesday that confirmed a Bloomberg…
Mullen Automotive Stock: Not Worth Your Hard-Earned Money (MULN)
Mario Tama Mullen Automotive Inc. (NASDAQ: MULN) is an electric vehicle company based in Brea, California. It manufactures and distributes electric vehicles, including passenger and commercial vehicles, according to Seeking Alpha’s description. They’re also known for their solid-state polymer battery technology, which should have changed the concept of electric vehicles a few years ago, judging…