Here's How Much $100 Invested In Mullen Automotive 5 Years Ago Would Be Worth Today

Here's How Much $100 Invested In Mullen Automotive 5 Years Ago Would Be Worth Today

 

Mullen Automotive MULN has outperformed the market over the past 5 years by 8.86% on an annualized basis producing an average annual return of 20.97%. Currently, Mullen Automotive has a market capitalization of $442.07 million.

Buying $100 In MULN: If an investor had bought $100 of MULN stock 5 years ago, it would be worth $245.86 today based on a price of $0.87 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.

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