Mullen Automotive added to Russell 2000(R), 3000(R) indices
Los Angeles, California – (NewMediaWire) – June 09, 2022 –(InvestorBrandNetwork via NewMediaWire) – IBN, a multi-faceted financial news, content creation and publishing company, is used by public and private companies to optimize investor awareness and recognition.
Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (EV) maker, will join the Russell 2000 and 3000(R) indices effective month-end, June 27, 2022, after the market opens. The company has been named to a preliminary list of additions published by FTSE Russell on June 3, 2022. In addition, MULN will automatically be added to the appropriate growth and value indices. According to the announcement, the Russell Indexes are comprised of the 4,000 largest U.S. stocks, based on May 6, 2022, trading status. Membership is for one year and is reassessed each year, with new members released each year. Membership in the Russell 3000 Index constituted automatic inclusion in the Russell 1000 Large Cap Index or the Russell 2000 Small Cap Index and other growth and value style indices, as applicable. The index identifies members based primarily on goals, market capitalization rankings, and style attributes. The inclusion of Mullen Automotive shares in the Russell 2000 and 3000 indices, which are among the best stock market performance indices, is a great honor, Mullen Automotive CEO and Chairman David Michery said in the press release. hurry. I believe that our inclusion in the Russell indices will give Mullen Automotive great visibility within the institutional investor community. This is an excellent step for our company, which will provide increased liquidity and investor awareness.
For more information, see the full press release
About Mullen Automotive Inc.
Mullen is a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean, scalable energy solutions. Mullen has evolved over the past decade in step with consumer and technology trends. Today, the company works diligently to provide exciting electric vehicle options built entirely in the USA and designed to fit perfectly into the lives of American consumers. Mullen is working to make electric vehicles more accessible than ever by creating an end-to-end ecosystem that supports all aspects of electric vehicle ownership. To learn more about the company, visit www.MullenUSA.com.
NOTICE TO INVESTORS:The latest news and updates related to MULN can be found in the company’s newsroom at https://ibn.fm/MULN
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