Polestar Automotive Stock News

There are signs that growth is returning to electric vehicle demand.

Polestar Automotive (PSNY, Financial) experienced a significant stock price decline of 5.06%. The share price fell to $1.65, with a trading volume of approximately 2.87 million shares and a turnover rate of 0.14%.

Polestar is an electric vehicle maker with a global business. The auto company started off its second quarter with a big number, a sequential delivery increase of 82%.

BENGALURU, India, Sept. 25, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic collaboration with Polestar (NASDAQ: PSNY), the Swedish electric performance car brand.

Polestar Automotive Holding's stock was up about 1.7% in premarket trading on Tuesday after the electric-vehicle maker said it has satisfied requirements to remain on the Nasdaq.

Polestar's stock has plunged nearly 90% since its public debut. Its growth was throttled by supply chain and software issues.

GOTHENBURG, Sweden--(BUSINESS WIRE)--Polestar (Nasdaq: PSNY) is holding its Annual General Meeting (AGM) in London on 7 October 2024. Full details of the AGM, including instructions for proxy voting by registered shareholders, are available on the Company's Investor Relations website https://investors.polestar.com/. As announced on 18 June, Håkan Samuelsson intends to retire as Board Chair at t...

Analyst Edison Yu rates shares of Rivian, Ford, GM, and Polestar Automotive at Hold.