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

Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Polestar Automotive (NASDAQ:PSNY) and maintained a $6 price target.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 1:21 pm

Benzinga's options activity scanner has identified significant options activity in 10 consumer discretionary stocks. The stocks include Tesla (TSLA), Rivian (RIVN), NIO (NIO), Carter's (CRI), Helen of Troy (HELE), Parsons (PSNY), XPO Logistics (XPOF), Airbnb (ABNB), Lennar (LEN), and Home Depot (HD). The options activity ranges from bullish to bearish and neutral sentiments.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:38 pm

In Monday's pre-market session, several consumer discretionary stocks saw significant movement. Canoo, EpicQuest Education Group, Helen Of Troy, Inspirato, Polestar Automotive, and Genius Gr were among the gainers, while Phoenix Motor, Forza X1, QuantaSing Group, Volcon, Kaival Brands Innovations, and Kidpik were among the losers.

Portfolio Pulse from Benzinga Insights

July 10, 2023 | 1:12 pm

Several stocks recorded gains in today's pre-market trading session. Nanobiotix S.A. shares jumped 59.3% after entering into a license agreement with Janssen Pharmaceutical. Black Diamond Therapeutics shares gained 15.2% following a large purchase by Director Rajeev Shah. NanoString Technologies shares gained 13.4% after announcing expected Q2 sales of over $44 million. Other stocks recording gains include Novonix Limited, Ferroglobe PLC, Gorilla Technology Group Inc., Recursion Pharmaceuticals, Inc., CS Disco, Inc., and Polestar Automotive Holding UK PLC.

Portfolio Pulse from Lisa Levin

July 10, 2023 | 10:40 am

Polestar reported Q2 deliveries of 15,800, marking a 36% growth over last year. This positive news has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 07, 2023 | 6:32 pm

In Thursday's pre-market session, several consumer discretionary stocks saw significant movement. Mullen Automotive (MULN), Genius Sports (GENI), JX Luxventure (JXJT), Jiuzi Hldgs (JZXN), Polestar Automotive (PSNY), and Sweetgreen (SG) all saw increases, with Mullen Automotive leading the gainers with a 69.7% increase. On the other hand, Elys Game Technology (ELYS), Visionary Education Tech (VEDU), Nova Lifestyle (NVFY), Meta Data (AIU), Niu Techs (NIU), and Digital Brands Group (DBGI) all saw decreases, with Elys Game Technology leading the losers with a 15.0% decrease.

Portfolio Pulse from Benzinga Insights

July 06, 2023 | 1:13 pm

Polestar Automotive Holding UK PLC (NASDAQ:PSNY) shares are trading higher by around 5% after it reported strong Q2 deliveries. The company attained the highest-ever Q2 deliveries, delivering 36% Y/Y to around 15,800 vehicles, with a growth of 73% Y/Y in June. Polestar is on track to deliver 60,000-70,000 vehicles in 2023. The company also signed an agreement with Tesla, Inc. (NASDAQ:TSLA) to adopt the new North American Charging Standard (NACS).

Portfolio Pulse from Lekha Gupta

July 06, 2023 | 12:23 pm

Polestar reported Q2 deliveries of 15,800, marking a 36% growth over last year. This positive news has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 11:45 am

Polestar, the electric vehicle manufacturer, is reportedly on track to deliver between 60,000 to 70,000 vehicles in 2023.

Portfolio Pulse from Charles Gross

July 06, 2023 | 11:35 am

Polestar, a Swedish electric vehicle manufacturer, reported a 36% increase in vehicle deliveries in Q2 compared to the same period last year, with approximately 15,800 vehicles delivered.

Portfolio Pulse from Charles Gross

July 06, 2023 | 11:33 am

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