Shares of Polestar Automotive Holding UK PLC (NASDAQ:PSNYW – Free Report) are set to reverse split on Tuesday, December 9th. The 1-30 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, December 8th.
Polestar Automotive Holding UK Stock Up 1.8%
Polestar Automotive Holding UK stock opened at $0.23 on Friday. Polestar Automotive Holding UK has a 1-year low of $0.12 and a 1-year high of $0.80. The company has a fifty day simple moving average of $0.24 and a 200 day simple moving average of $0.21.
Analyst Ratings Changes
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Polestar Automotive Holding UK in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.
About Polestar Automotive Holding UK
Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden.
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