Should You Buy Polestar Stock While It's Below $2.50?
Polestar(PSNY) The Motley Fool·2024-10-13 10:41
The EV maker has faced numerous challenges over the past year, and a new management team will look to right the ship. The stock of Polestar Automotive (PSNY -1.70%) has been on a tear recently, surging 108% since early August as it overhauled its management team and reestablished compliance with Nasdaq listing requirements. However, the company has struggled with production delays, slower demand, and other factors, and the stock remains 88% below its price since going public in 2022. With its new management ...