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StockNews.com
StockNews.com
Business
Anushka Dutta

1 Popular EV Stock Insiders Are Selling Right Now

Automotive company Mullen Automotive, Inc. (MULN) distributes and sells electric vehicles (EVs). The company also operates CarHub, a digital platform that leverages AI to offer an interactive solution for buying, selling, and owning a car. MULN has an average volume of 77.65 million.

On September 21, MULN’s CEO David Michery received 9.62 million shares as a part of a stock award agreement. However, on the next day, Michery sold 750,000 shares at an average price of 40 cents per share. This year, he sold shares on seven occasions, bringing the total sold shares count to 2.53 million.

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