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Mullen Automotive Inc (MULN) Stock Split History

Mullen Automotive Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on May 03, 2023 with the ratio of 1-for-25, meaning that for 25 shares of MULN owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on December 21, 2023 on a 1-for-100 basis.

These splits have increased MULN stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Mullen Automotive Inc's total market capitalization.

For more detailed information of Mullen Automotive Inc's stock splits, view the table below:

MULN stock split list

Date Split Ratio
2023-12-21 1 - for - 100
2023-08-11 1 - for - 9
2023-05-04 1 - for - 25
2023-05-03 1 - for - 25

Will Mullen Automotive Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Mullen Automotive Inc has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when MULN stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Mullen Automotive Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
TSLA 2022-08-25 3 - for - 1
TM 1991-06-21 110 - for - 100
HMC 2002-01-10 4 - for - 1
F 2000-08-03 11 - for - 7
auto_manufacturers NIO
$5.40
price down icon 7.69%
auto_manufacturers VFS
$5.06
price down icon 0.39%
auto_manufacturers LI
$34.80
price down icon 0.54%
auto_manufacturers GM
$39.63
price up icon 0.74%
auto_manufacturers F
$12.14
price up icon 0.17%
auto_manufacturers HMC
$35.82
price up icon 0.22%
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