Polestar A shares rise 10.55% after-hours on reverse split and European dealer shift.
ByAinvest
Monday, Dec 1, 2025 5:10 pm ET1min read
PSNY--
Polestar A surged 10.55% in after-hours trading following its 1-for-30 reverse stock split to avoid Nasdaq delisting and a strategic shift to a dealer-based sales model in Europe. The split, announced in November 2025, lifted the share price above the $1 minimum bid requirement, while the new Kuopio store and dealer network pivot signal efforts to stabilize operations and expand market reach. These moves, coupled with climate neutrality goals, fueled short-term optimism amid the stock’s proximity to its 52-week low, though deeper financial challenges persist.
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