Polestar gets Nasdaq notice on potential delisting due to slumping stock

Polestar gets Nasdaq notice on potential delisting due to slumping stock

Polestar said on Friday it was notified by the Nasdaq for not meeting the exchange's listing rules related to maintaining a minimum bid price of $1, as the Swedish EV firm's shares fall pressured by intensifying competition.Polestar has rolled out discounts and leasing incentives to boost EV sales, but faces

Polestar’s Stock Hangs By A Thread As Nasdaq Sounds The Alarm

Polestar got a Nasdaq warning after failing to meet minimum price rules. The stock’s been under one dollar since September, near record lows. EV maker has until April 29 to regain compliance or risk getting delisted. Polestar originally sounded like a great idea. Take the best of Volvo, throw in some sportier styling, and add a pinch of extra performance. Despite this solid foundation, Polestar hasn’t lived up to their potential. That’s cle…

Polestar Receives Nasdaq Delisting Warning as Shares Remain Below $1

Polestar received a formal notice from Nasdaq on Friday warning that its shares have fallen below the exchange's minimum $1 bid price requirement, adding another crisis to the struggling electric vehicle maker's mounting problems.

Polestar Automotive Announcement of receipt of notice from Nasdaq regarding minimum bid price requirement

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