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Should you invest in this unloved electric vehicle maker?
Polestar is a very risky stock Polestar is one of a handful of upstart EV makers that is trying to break into the auto industry with all-electric vehicles. So far, the only company that has really ...
[15] [16] Polestar shares began trading on the Nasdaq exchange under the symbol PSNY on 24 June 2022. [ 17 ] [ 18 ] In February 2024, Volvo (itself 79.5% owned by Geely at the time) announced that it would attempt to reduce its ownership stake in Polestar from 48% to 18%, by transferring US$921 million of stock to its shareholders. [ 2 ]
Its stock opened at $12.98 on its first day, but it now trades at about $1.60. Polestar lost nearly 90% of its value as software issues and supply chain constraints throttled production. The macro ...
Polestar Automotive (NASDAQ: PSNY) stock got crushed over the last week of trading. The company's share price ended this week's session down 37.1% from last Friday's market close, according to ...
As of 1 p.m. ET Friday, Polestar stock was up by 12.2%. That followed its 13% gain on Thursday as investors absorbed its earnings report and news of a new CEO. Producing EVs in the U.S. for the ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Polestar Automotive Uk Plc wasn’t one of them. The 10 stocks ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Polestar Automotive Uk Plc wasn’t one of them. The 10 stocks ...