Mullen Automotive Inc (MULN)

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Conversely, when a stock is dropped from an index, it's often sold by institutional players, usually causing it to drop in price. However, these price fluctuations are usually short-lived, and some studies indicate that just being a part of an index has no permanent effect on a stock's value.
It's not a must sell by institutional players.
MULN can rejoin in 2024 when the vehicles are being sold in demand.