Muln stock price forecast recent EV industry demand softness is

Recent EV industry demand softness is weighing on muln stock price forecast, but strategic partnerships could provide catalysts. Mullen’s bid to expand battery technology testing might influence sentiment heading into H2 Once trading as high as $14 per share, VSTM stock is down to penny stock territory now, having lost 56% in value so far on the year. It gets an “F” rating in the Portfolio Grader. The Company’s transfer agent, Continental Stock Transfer & Trust Company, will serve as exchange agent for the Reverse Stock Split. Registered stockholders holding pre-split shares of the Company’s Common Stock electronically in book-entry form are not required to take any action to receive post-split shares. Stockholders owning shares via a broker, bank, trust or other nominee will have their positions automatically adjusted to reflect the Reverse Stock Split, subject to such broker’s particular processes, and will not be required to take any action in connection with the Reverse Stock Split. Current sentiment surveys place the muln stock price forecast in a neutral zone, with traders awaiting clarity on production scalability. A confirmed manufacturing milestone may alter forecast models.