Mullen Automotive (MULN) shares were up more than 7% in recent Wednesday trading after the company announced new orders for its ONE electric cargo van from two universities in California.
No financial details were disclosed.
The company said the deliveries of the new orders were made through its commercial retail dealer partners, National Fleet Auto Group and Randy Marion Automotive Group.
Price: 2.75, Change: +0.19, Percent Change: +7.42