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Stock impact report

2, 3, 4: Polestar posse poised to perform [Yahoo! Finance]

Polestar Automotive Holding UK Limited (PSNYW) 
Company Research Source: Yahoo! Finance
As well as the new CEO and other big news, such as the launch of the 3 and 4 in Europe and the addition of US production, Polestar has a new CFO starting in three weeks' time. Along with the major infusion of cash announced a few months ago, it will be hoped that the appointment of a former high-ranking Stellantis executive helps to steady a ship which finds itself in especially choppy waters. Financially, there is a lot going on, so Jean-Francois Mady will have much to manage right from day one. Volvo dials down, Geely hopes for eventual profits The 62.7 per cent tranche of Polestar held by Volvo Cars would be handed over to Geeling Holding, the Swedish OEM stated in February, adding that it would retain 18 per cent. Shares in the Nasdaq listed Polestar Automotive Holding UK PLC had been volatile (i.e. crashing and partially recovering) for some time back then, and PSNY remains so. The official position is that Polestar and Volvo continue to collaborate even if the former maj Show less Read more
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