Analysts are saying that Polestar Automotive could hit 0.87 dollars by 2030, a projection that has drawn attention from speculative investors hoping for a turnaround in the electric vehicle space. If ...
Shares of Polestar (PSNY), the Swedish electric vehicle producer that is a key contender to American EV maker Tesla (TSLA), plunged over 12% on Friday morning after the company announced a 1-for-30 ...
The market has responded enthusiastically to the capital injection. Polestar shares have jumped 50% this week following the ...
Polestar Automotive Holding UK Limited (NASDAQ:PSNY) shares are trading higher Monday. Here's what investors need to know.
Polestar Automotive (NASDAQ: PSNY) has disappointed a lot of investors since its debut in June 2022. The electric vehicle (EV) maker went public by merging with a special purpose acquisition company ...
Polestar performed a reverse stock split to get above the minimum share price to be eligible for the Nasdaq exchange. The company is burning money, with no path to positive profitability anytime soon.
Polestar has secured another bailout-sized cash injection, landing $300 million in new equity while major shareholder Geely ...
Polestar secures $300M in financing and converts $300M debt to equity to strengthen its balance sheet amid heavy losses.
(Reuters) -Sweden's Polestar on Friday said it would conduct a one-for-thirty reverse stock split of its American Depository Shares as the electric vehicle maker seeks to avoid a Nasdaq delisting. The ...
Polestar Automotive Holding (PSNY) said on Friday it has received a notice from the Nasdaq Stock Market stating that the company is not in compliance with the $1.00 minimum bid price requirement under ...
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