If You Invested $1000 In Mullen Automotive 5 Years Ago, Here's How Much You Would Have Today

Mullen Automotive MULN has outperformed the market over the past 5 years by 7.25% on an annualized basis producing an average annual return of 20.68%. Currently, Mullen Automotive has a market capitalization of $516.88 million.

Buying $1000 In MULN: If an investor had bought $1000 of MULN stock 5 years ago, it would be worth $2,565.48 today based on a price of $2.16 for MULN at the time of writing.

Mullen Automotive's Performance Over Last 5 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.