Why Electric Vehicle Stock Polestar Automotive Hit a Roadblock Today
Polestar(PSNY) The Motley Fool·2024-05-01 22:55
Market optimists dueled with pessimists and won out, despite a negative development with the company.Hump Day proved to be something of a street obstacle for electric vehicle (EV) maker Polestar Automotive (PSNY 0.72%). On a large piece of quite discouraging news, investors sold out of the company's stock early in the day, before it recovered to land weakly in positive territory at market close. The market is currently looking for bargains in the EV space, and some obviously consider Polestar to be a potent ...