Mullen Automotive Inc. (MULN) in Brea, Calif., produces and markets electric automobiles. It also operates CarHub, a digital platform that uses artificial intelligence to deliver an interactive solution for purchasing, selling, and owning a car, and battery technology and emergency point-of-care solutions.
However, the company's shares have declined 80.3% in price year-to-date and 91.3% over the past three months. Closing yesterday's trading session at $1.03, the stock is currently hovering near its all-time low of $1.01.
