-
MULN bounces 34{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} on patent filing

 Share:
 
 Mullen has submitted a patent for an Power Administration Module. The EMM cuts down need on the battery and extends assortment existence. MULN inventory jumped 34{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in Friday’s premarket. Mullen stock cost shed 5.8{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} on Thursday to hit all-time reduced. Mullen Automotive (MULN) stock has obtained far more than 34{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} to $.1139 in Friday’s premarket on the back of a new patent filing released late Thursday. It appears to be that Mullen’s R&D joint venture has developed an Energy Administration Module (EMM) that can raise an electric vehicle’s variety by 60{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} to 70{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The information comes at the proper time for Mullen because its stock selling price hit…