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Polestar Automotive H1 Sales $1.360B Beat $878.100M Estimate
Polestar Automotive (NASDAQ:PSNY) reported quarterly sales of $1.360 billion which beat the analyst consensus estimate of $878.100 million by 54.88 percent. This is a 4.43 percent decrease over sales of $1.423 billion
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Cantor Fitzgerald Reiterates Underweight on Polestar Automotiveto Underweight
Cantor Fitzgerald analyst Andres Sheppard reiterates Polestar Automotive (NASDAQ:PSNY) from Underweight to Underweight.
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Polestar shares are trading lower after the company reported declined H1 revenues and weaker H2 growth guidance.