Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

What Drove Polestar Stock Down 29% This Week?

TheMotleyFool

0 0

What Drove Polestar Stock Down 29% This Week?: https://g.foolcdn.com/editorial/images/859846/polestar-3-at-ionity-chargers-2026.jpg

Shares of electric vehicle maker Polestar (NASDAQ: PSNY) had a rough week, even by the volatile standards of electric vehicle stocks. A rapid sell-off left Polestar's American depositary shares down 29.2% for the week by Friday's close.

What drove that decline? The answer isn't obvious, but here's what we know.

There was no news driving this move. (I covered this company when I was a reporter. If there were news, I'd know about it, and I'd share it with you.)

Source Fool.com

Like: 0

PSNY

Share