Why Is Polestar Automotive Stock Falling Thursday?
Polestar (PSNY) stock fell 11% premarket after Q2 revenue dropped 8% to $727M and the EV maker cut its 2026 volume outlook.
Polestar made less money last quarter than before, so they also expect to make fewer electric cars next year. When a company earns less and lowers its plans, people often sell their stock, which is why the price dropped.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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