Polestar stock price is at risk after big Volvo news

Polestar (NASDAQ: PSNY) stock price will be in the spotlight on Thursday after its biggest shareholder closed its cash tap. The stock closed at $2.17 on Wednesday after crashing by more than 85% from its all-time high.Volvo to stop funding PolestarCopy link to sectionPolestar is a company seeking to become a big player in the EV industry. It has made several vehicles, which have done modestly well. Most importantly, Polestar comes from a big vehicle family since it was spun off by Volvo. Volvo is now mostly ...