PSNY News and Press, Polestar Automotive Holding UK Limited From 11/09/23

2023-11-09 07:08:23 ET Polestar (NASDAQ: PSNY) stock price freefall continued as the company slashed its guidance and warned of an impending capital raise. The shares collapsed to a low of $2.18 on Thursday, the lowest level on record. It has plunged by more than 86% from its all-time h...

2023-11-09 02:10:04 ET Summary Polestar Q3 revenues of $613 million badly missed street estimates and the quarterly operating loss surged over the prior year period. The company reduced its delivery guidance for 2023 to approximately 60,000 vehicles, less than half of the original...

2023-11-08 21:14:04 ET Polestar Automotive Holding UK PLC (PSNY) Q3 2023 Earnings Conference Call November 08, 2023, 05:00 PM EST Company Participants Bojana Flint - Head Investor Relations; Polestar Automotive Holding UK PLC Johan L. Malmqvist - Chief Financial Offi...

2023-11-08 16:11:21 ET Swedish EV maker Polestar ( NASDAQ: PSNY ) Wednesday presented a business plan that targeted an accelerated margin improvement and a reduction of its total funding need to the point of cash flow break-even in 2025. For the fiscal year 2025, Polestar said i...

Total revenue of USD 613 million, an increase of 41% year on year 13,976 cars delivered, an increase of 51% Cash and cash equivalents of USD 951 million as of September 30, 2023 Polestar Automotive Holding UK PLC (“Polestar” or the “Company,” Nasd...

Polestar Automotive Holding UK PLC (Nasdaq: PSNY), the Swedish electric performance car brand, today presents a strengthened business plan which targets an accelerated margin improvement and a reduction of the Company’s total funding need to the point of cash flow break-even in 2025. T...

2023-11-08 11:02:41 ET Summary Global electric car sales Sept. 2023 up 23% YoY to 17% share. China sales up 22% to 37% share. Europe up 15% to 25% share. USA up 59% to 9.9% share. EV market news - Norway’s EVs at a record 93% share. BP to buy $100M of Tesla ultra-fast charg...

2023-11-07 10:58:25 ET Major earnings expected before the bell on Wednesday include: Biogen ( BIIB ) 3D Systems ( DDD ) Roblox ( RBLX ) Teva Pharmaceutical Industries ( TEVA ) Warner Bros. Discovery ( WBD ) For further details see: Notable...

2023-11-04 09:35:38 ET More on auto stocks Asia Increasingly Important As Tesla Transitions Away From Being An Auto Company Ford: UAW Deal Is A Disaster For Shareholders Tesla Q3: Time To Bet Against Wall Street Again (Rating Upgrade) Union pressure and highe...

2023-11-02 11:32:16 ET Navigating the Volatile World of Penny Stocks Using Analyst Sentiment The penny stock market is an enticing yet volatile landscape for investors seeking big rewards. While the chance to uncover the next hidden gem before it rockets higher is enticing. However,...