Streetbeat News

PSNY

Polestar Automotive Holding UK PLC

https://www.polestar.com

Industry

Auto - Manufacturers

Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.

Open

1.20

Mkt cap

2.9B

Volume

4.5M

High

1.30

P/E Ratio

-1.92

52-wk high

2.65

Low

1.20

Div yield

N/A

52-wk low

0.61

Quanex Building Products and several other stocks saw significant gains on Friday due to better-than-expected financial results and positive guidance. Notable gainers include Argan, Travere Therapeutics, Zumiez, Samsara, Guidewire Software, Bowlero, Smartsheet, and others.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 2:11 pm

Smith & Wesson Brands, Planet Labs, and Broadcom are among the stocks moving lower in Friday's pre-market session. Smith & Wesson reported a larger-than-expected loss, while Broadcom, despite better-than-expected results, also saw a decline.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 12:12 pm

Polestar shares are trading higher despite a recent price target cut by Piper Sandler, which maintained a Neutral rating on the stock.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 6:23 pm

G-III Apparel Group's shares surged 23.6% after reporting better-than-expected Q2 EPS and issuing strong FY25 guidance. Other stocks like Applied Digital, Yext, and NIO also saw significant gains due to positive financial results and strategic developments.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 5:44 pm

Polestar Automotive Holding shares declined after Piper Sandler maintained a Neutral rating and reduced the price target from $2 to $1.5.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 3:30 pm

Piper Sandler analyst Alexander Potter maintains a Neutral rating on Polestar Automotive (NASDAQ:PSNY) and lowers the price target from $2 to $1.5.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 2:42 pm

Recursion Pharmaceuticals shares fell 11.6% after announcing Phase 2 data for a treatment for Cerebral Cavernous Malformation. Nikola shares also dipped 10.4%. Meanwhile, Sify Technologies surged 103% after achieving a significant certification, and SPAR Group rose 65% following an acquisition agreement.

Portfolio Pulse from Avi Kapoor

September 03, 2024 | 5:41 pm

Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Polestar Automotive (NASDAQ:PSNY) and maintained a $3 price target.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 5:00 pm

Several stocks saw significant gains on Tuesday despite a general market downturn. Vaxcyte's shares surged 43.5% following positive trial results for its vaccine candidate. Shoals Technologies rose 21.8% after a favorable legal ruling. Polestar Automotive gained 16% with a new CFO appointment. Applied Optoelectronics and Unity Software also saw notable increases due to analyst upgrades.

Portfolio Pulse from Avi Kapoor

September 03, 2024 | 2:47 pm

Polestar shares rose following the appointment of Jean-Francois Mady, a former Stellantis executive, as the new CFO.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:02 pm

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