PSNY - What's Going On With EV-Maker Polestar Automotive Stock? | Benzinga
Polestar Automotive Holding UK Limited (NASDAQ:PSNY) shares are trading higher Wednesday after the company announced that it secured $950 million in external funding.
The Details:
Polestar Automotive said the financing is being provided by 12 international banks in the form of a three-year loan facility. Polestar said it provides the company with the funds it requires to finance the next stage of its development and covers a large majority of its ...