What Drove Polestar Stock Down 29% This Week?
Source: Motley Fool
2026-03-07 12:00:00 ET
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.)
Polestar Automotive Holding UK Limited
NASDAQ: PSNY
PSNY Trading
-1.7% G/L:
$16.73 Last:
155,415 Volume:
$17.26 Open:
PSNY Latest News
March 11, 2026 08:00:00 am
Polestar publishes full carbon footprint of Polestar 5, strengthening industry-leading transparency
February 18, 2026 06:00:00 am
Polestar starts largest model offensive in its history: four new cars in three years
PSNY Stock Data
$1,436,675,796
13,242,671
N/A
40
N/A
Vehicles
Consumer Discretionary
SE
Gteborg
