Shares of Polestar Automotive Holding UK PLC (NASDAQ:PSNYW – Free Report) are scheduled 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 Trading Up 1.8%
Shares of PSNYW opened at $0.23 on Friday. The business’s fifty day simple moving average is $0.24 and its two-hundred day simple moving average is $0.21. Polestar Automotive Holding UK has a 12 month low of $0.12 and a 12 month high of $0.80.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Polestar Automotive Holding UK in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently 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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