Mullen Automotive Stock Soars 94.92% Amid Legal Scrutiny

On March 25, 2025, Mullen Automotive's stock surged by 94.92% in pre-market trading, marking a significant rise in investor interest and confidence in the company's future prospects.

Mullen Automotive, an electric vehicle company, has been the subject of several legal notices recently. Rosen Law Firm, a global investor rights law firm, has reminded purchasers of Mullen Automotive securities to be aware of important deadlines in a securities class action lawsuit. This legal action could potentially impact the company's stock price and investor sentiment.

Additionally, other law firms such as Pomerantz Law Firm and Bronstein, Gewirtz and Grossman, LLC have also issued alerts to investors with losses on their investment in Mullen Automotive, encouraging them to participate in the class action lawsuit. These legal developments highlight the ongoing scrutiny and potential risks associated with investing in Mullen Automotive.

Despite these legal challenges, Mullen Automotive continues to operate in the electric vehicle market, focusing on the manufacture of passenger and commercial electric vehicles. The company's operations are divided into the Bollinger and Mullen/ELMS segments, reflecting its diverse product offerings and strategic focus areas.