Polestar shares are trading higher following broader strength in EV stocks following Rivian's partnership with Volkswagen.
Portfolio Pulse from Benzinga Newsdesk
Polestar shares are trading higher due to broader strength in EV stocks, driven by Rivian's partnership with Volkswagen.
June 26, 2024 | 7:47 pm
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Polestar shares are experiencing an uptick due to positive sentiment in the EV sector, spurred by Rivian's new partnership with Volkswagen.
Polestar (PSNY) is benefiting from a sector-wide positive sentiment in EV stocks, which has been catalyzed by Rivian's partnership with Volkswagen. This partnership is seen as a significant development in the EV market, leading to increased investor confidence in related stocks.
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