News
PSNY
1.340
-2.19%
-0.030
UPDATE 3-China's Zeekr seeks up to $5.13 bln valuation in US IPO
China's Zeekr Intelligent Technology Holding seeks up to $5.13 bln valuation in US IPO. First major floatation of a China-based company in more than two years. The electric vehicle maker is looking to raise $367.5 million in its U.S. IPO.
Reuters · 1d ago
Why AMD Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Advanced Micro Devices, Inc. Shares dipped 6.9% to $147.44 on Wednesday. The company reported first-quarter results and issued revenue guidance for the second quarter. Shares of cannabis-related stocks traded higher following reports suggesting DEA plans to reclassify cannabis as a less dangerous drug.
Benzinga · 3d ago
12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session
Rocky Brands (NASDAQ:RCKY) shares moved upwards by 21.8% to $31.39 during Wednesday's pre-market session. The company's, Q1 earnings came out yesterday. Golden Sun Health stock rose 11.11% and Cenntro stock rose 5.63% during the same period.
Benzinga · 3d ago
Starbucks Reports Downbeat Earnings, Joins Skyworks Solutions, Super Micro Computer And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Shares of Starbucks Corporation fell sharply in today's pre-market trading following weaker-than-expected second-quarter earnings. Starbucks shares dipped 12.1% to $77.79 in pre- market trading. The Nasdaq futures fell over 100 points on Wednesday. CVRx Inc and Leggett & Platt also recorded losses.
Benzinga · 3d ago
Polestar delays release of FY 2023 results for a second time
Polestar delays release of FY 2023 results for a second time. Shares of the Chinese-backed Swedish electric vehicle maker fell 10% in extended trading. Company says additional time is required to evaluate certain errors in historical accounts. Polestar expects net loss to decrease by less than 5% for 2021 and 2022.
Seeking Alpha · 3d ago
Polestar Delays Annual Report Due To Accounting Errors
Benzinga · 4d ago
12 Consumer Discretionary Stocks Moving In Tuesday's After-Market Session
Rocky Brands (NASDAQ:RCKY) stock rose 24.2% to $32.0 during Tuesday's after-market session. The company's Q2 earnings came out today. Starbucks stock decreased by 10.0% during the same session. Nerdy, Sweetgreen and Kaixin Holdings were among the gainers.
Benzinga · 4d ago
Polestar (NASDAQ:PSNY) Surges With New Charging System
TipRanks · 5d ago
Polestar able to cut charging time with StoreDot XFC batteries
Polestar able to cut charging time with StoreDot XFC batteries. Polestar Automotive Holding UK PLC (PSNY) shares are up 3.4% on Monday. The electric vehicle maker cut the battery charging time for a prototype to 10 minutes using Extreme Fast Charging (XFC) technology.
Seeking Alpha · 5d ago
Select electric vehicle stocks rally due to Tesla halo effect
Consumer Select electric vehicle stocks rally due to Tesla halo effect. Tesla appears to have tentative approval in China to roll out more advanced driver-assistance systems. The electric vehicle sector showed some life on Monday. Lotus Technology (LOT) and other EV-related stocks all broke higher in late morning trading.
Seeking Alpha · 5d ago
Weekly Report: what happened at PSNY last week (0422-0426)?
Weekly Report · 5d ago
NIO Stock Alert: Nio Signs New Battery Partnership With Lotus
Nio announced a battery swapping and charging agreement with Lotus. Lotus is owned by Chinese car marker Geely. Geely is the big brother in this deal. Nio stock is up 3% on April 24 but lost one-third of its value overnight. The company is an electric vehicle maker.
Investorplace · 04/25 13:30
EV Maker Polestar Expands Beyond China Amid Tariff Concerns: Report
Swedish-backed electric vehicle manufacturer Polestar Automotive Holding UK Limited is reportedly ramping up efforts to diversify production outside of China. CEO Thomas Ingenlath says the company plans to expedite exports of the polestar 3 to the European Union. The automaker aims to expand global sales footprint amid escalating geopolitical tensions.
Benzinga · 04/24 17:31
UPDATE 1-Polestar speeds plans to make more cars outside China as EU-China tensions rise
Polestar speeds plans to make more cars outside China as EU-China tensions rise. CEO says automaker is exploring idea of speeding up exporting cars made in South Carolina to the EU. Polestar builds the majority of its cars in China and plans to build in South Korea. European probe into Chinese-made EVs could lead to increased tariffs.
Reuters · 04/24 12:52
Polestar Automotive preps to use U.S. plant for exports to Europe
Consumer Polestar Automotive preps to use U.S. Plant for exports to Europe. The Chinese-backed electric vehicle maker is preparing to shift production of its cars to its South Carolina plant. The company may use its plant to sell cars in Europe. Shares of polestar automotive gained 1.57% in premarket trading on Wednesday.
Seeking Alpha · 04/24 12:27
Polestar may use US plant to sell cars to Europe as EU-China tension rises
Polestar may use US plant to sell cars to Europe as EU-China tension rises. Chinese-backed electric car maker preparing to shift production of cars to U.S. From China. CEO says Polestar is preparing for a European probe into Chinese-made cars.
Reuters · 04/24 05:58
Weekly Report: what happened at PSNY last week (0415-0419)?
Weekly Report · 04/22 12:06
J B Hunt Transport Reports Downbeat Earnings, Joins ASML And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Shares of J B Hunt Transport Services Inc fell sharply in today’s pre-market trading after the company missed first-quarter revenue and EPS estimates. The company's quarterly sales came in at $2.94 billion, missing expectations of $3.12 billion. U.S. Stock futures were higher this morning, with the Dow futures gaining over 100 points.
Benzinga · 04/17 12:07
New Car Price Data Is Good for Buyers, but Bad for Tesla and Lucid
Average transaction prices for new cars in March are down 1% year over year. A new car cost U.S. Buyers $47,218 last month, down 5.4% from the market peak in December 2022. The average battery-electric vehicle cost $54,021 in March, down 10.5% year on year. New car inventory is up 52% from last year.
Barron‘s · 04/16 14:25
Polestar: Uphill Battle Continues
Polestar Automotive Holding UK PLC has lost over 90% of its value since going public in 2022. The electric vehicle company's delivery guidance has been repeatedly cut. The company's Q1 2024 delivery number was down 40% compared to the previous year. Polestar is facing a funding gap and likely needs to raise more capital.
Seeking Alpha · 04/15 19:04
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About PSNY
POLESTAR AUTOMOTIVE HOLDING UK PLC (Polestar) is a Swedish-based electric vehicle manufacturer. Company's portfolio includes Polestar 1, Polestar 2, Polestar 3, Polestar 4 and Polestar 5. Polestar products are currently available on markets across Europe, North America, China and Asia Pacific. Polestar cars are currently manufactured in two facilities in China. Polestar produces electric cars to reduce gas emmisions and develop new technologies to further minimize the carbon footprint.