PSNY / PSNY Stock Alert: Polestar Delays EV Production Plans

Polestar Automotive (NASDAQ:PSNY) saw its stock down more than 9% in premarket, as investors reacted to a new $1 billion fundraise. The Sweden-based E more_horizontal

The company said it would raise the funds through a variety of methods, including share sales in a filing with the Securities and Exchange Commission more_horizontal

Fans of Polestar Automotive (NASDAQ: PSNY ) stock will want to mark their calendars for Nov. 9 as the electric vehicle (EV) company prepares for a maj more_horizontal

Swedish electric car brand Polestar delivered approximately 13,900 vehicles during the third quarter of 2023, a 50% increase compared to the same peri more_horizontal

Polestar (NASDAQ: PSNY ) stock is a hot topic on Thursday after the electric vehicle (EV) company announced a new record for deliveries. According to more_horizontal

Electric-vehicle start-ups VinFast and Polestar reported third-quarter delivery figures. VinFast delivered fewer cars but the stock is up more. more_horizontal

Polestar Automotive Holding UK PLC's stock PSNY, -5.02% rose 1.5% in premarket trade Thursday, after the Swedish electric vehicle company said it deli more_horizontal

Barclays analyst Dan Levy downgraded Polestar Automotive stock to Sell from Hold, and lowered his price target to $3 from $5. more_horizontal