![MULN stock trades around $1 level after 1-for-9 reverse stock split MULN stock trades around $1 level after 1-for-9 reverse stock split](https://shmi.ir/wp-content/uploads/2023/08/MULN-stock-trades-around-1-level-after-1-for-9-reverse-stock-150x203.jpg)
[ad_1] Share: Mullen Automotive initiated a 1-for-9 reverse split that begins trading at new post-split price on August 11. MULN share price closed at $0.1130 on Thursday but opens Friday at post-split price. Mullen stock needs to remain above $1 for at least 10 consecutive trading sessions to remain in compliance with NASDAQ