Polestar Automotive Holding UK (NASDAQ:PSNYW) Trading Down 6.2% – Here’s Why

Polestar Automotive Holding UK PLC (NASDAQ:PSNYWGet Free Report) shares fell 6.2% on Tuesday . The company traded as low as $0.18 and last traded at $0.20. 82,432 shares were traded during mid-day trading, a decline of 92% from the average session volume of 989,670 shares. The stock had previously closed at $0.21.

Polestar Automotive Holding UK Stock Performance

The company’s 50-day moving average price is $0.18 and its 200-day moving average price is $0.20.

About Polestar Automotive Holding UK

(Get Free Report)

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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