MULN - What's Going On with Mullen Automotive Stock? | Benzinga
Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading lower Monday. The company announced it has filed for Foreign Trade Zone (“FTZ”) status with the U.S. Department of Commerce at its commercial vehicle manufacturing and assembly center located in Tunica, Mississippi.
The Details:
Mullen filed its application on March 25 and said it expects final determination within 30 to 90 days. If approved as a designated FTZ site, Mullen would qualify for a variety of benefits including deferment of payments on duties owed related to import fees which would reduce ...