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 data from S&P Global Market Intelligence. Polestar confirmed on May 23 that it was postponing the release of ...
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Electric car stocks took a tumble in noon (ET) trading Thursday, with Lucid Group (NASDAQ: LCID) falling 3.8%, Rivian Automotive (NASDAQ: RIVN) sliding 4.6%, and Polestar (NASDAQ: PSNY) doing worst of all -- down 7.4%, and trading at penny stock levels -- just $0.87 a share. Another EV company entirely, ...
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Hump Day proved to be something of a street obstacle for electric vehicle (EV) maker Polestar Automotive (NASDAQ: PSNY). On a large piece of quite discouraging news, investors sold out of the company's stock early in the day, before it recovered to land weakly in positive territory at market close. The ...
motleyfoolusx:psny
The electric vehicle (EV) and renewable energy market took a nosedive this week and it seemed everyone was affected. Part of the drop was due to Tesla's (NASDAQ: TSLA) layoffs announced earlier this week, but part was because investors think the market is overvalued if interest rates are going to stay ...
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Shares of Polestar Automotive (NASDAQ: PSNY) fell 14.4% through 10:40 a.m. ET on Monday, the stock's third straight day of declines since reporting exceptionally weak car deliveries for the first quarter. Last Thursday, Polestar said that it delivered only 7,200 electric vehicles (EVs) in the quarter. ...
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