PSNY Stock Plunges 13% — Polestar Barred From New US Sales Starting 2027, Shifts Focus To Europe
A decision by the Bureau of Industry and Security effectively ends Polestar’s ability to introduce new models in the U.S. market starting next year.
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Genius Group Is Shrinking Its Share Count — Here's What Investors Need To Know
At the July 7 AGM, shareholders will vote on a 20% buyback mandate, which will take effect after the current one ends on July 6.
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GNS Stock Logs Biggest Intraday Decline In 27 Months On Pricing $8M Offering
Genius Group announced pricing of its stock offering at a discount of 18% compared to the previous closing price.
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Polestar Investors Contemplate New And Upcoming Vehicle Lineup’s Strength To Spur A Turnaround
Polestar is now looking to launch four vehicles in the next three years.
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Why Is GLBE Stock Rising Pre-Market Today?
The company reported adjusted earnings per share of $0.49 in Q4 on revenue of $337 million, compared to expectations of an adjusted EPS of $0.4 on revenue of $328 million, according to TheFly.
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Polestar Shares Edge Up After Hours — Retail Eyes ‘Next Leg Up’ In February Strategy Update
Polestar said retail sales for 2025 came in at 60,119 cars, a 34% growth compared to 2024, marking the company’s best year ever.
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Polestar Announces $200M Funding From Geely Chairman’s PSD Investments: Retail Sees Profitability ‘Very Soon’
Polestar has agreed to sell over 190 million newly issued American Depositary Shares to PSD Investment for an aggregate price of $200 million.
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Polestar To Resume Expansion Into New Markets With France, Says Report: Retail’s Still Skeptical
The first showroom in France is expected to open in Le Mans in July, with the initial deliveries slated for October, according to a Reuters report.