Workflow
Polestar Automotive (PSNY) Stock Drops 5.06% Amid Market Fluctuations
PSNYPolestar(PSNY) Gurufocus·2024-10-02 20:15

Polestar Automotive (PSNY, Financial) experienced a significant stock price decline of 5.06%. The share price fell to $1.65, with a trading volume of approximately 2.87 million shares and a turnover rate of 0.14%. The price volatility hit 7.49%. Recent financial reports indicate Polestar achieved a revenue of $573 million and posted a net loss of $267 million, translating to an earnings per share (EPS) of -$0.13. The gross profit stood at $1.74 million, resulting in a price-to-earnings (P/E) ratio of -2.49. ...