Here’s Why Polestar Shares (NASDAQ: PSNY) Plunged Today
November 28 2022 - 03:45PM
TipRanks
Shares of EV manufacturer Polestar Automotive (NASDAQ: PSNY) fell
more than 13% in today's trading session. This can be attributed to
the ongoing unrest in China due to the country's strict lockdown
policy. Investors seem to be worried that Polestar's production and
supply chains may be disrupted as a result of the protests. Is PSNY
a Good Stock to Buy? PSNY stock has a Hold consensus rating based
on one Buy, one Hold, and one Sell assigned in the past three
months. The average PSNY stock price target of $10.50 implies over
53% upside potential.
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Polestar Automotive Hold... (NASDAQ:PSNY)
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