Cantor Fitzgerald Reiterates Neutral Rating on Polestar Automotive Holding Uk Plc (PSNY)

Cantor Fitzgerald analyst Andres Sheppard reiterated a Neutral rating on Polestar Automotive Holding Uk Plc (NASDAQ: PSNY).

The analyst commented, “On 6/16, PSNY announced a $200M equity investment, via selling ~190.5M of its Class A American Depository shares for an aggregate price of $1.05 per share, to its existing investor PSD Investment Limited, controlled by Mr. Shufu (Eric) Li, Founder and Chairman of Geely Holding Group (NC).

For an analyst ratings summary and ratings history on Polestar Automotive Holding Uk Plc click here. For more ratings news on Polestar Automotive Holding Uk Plc click here.

Shares of Polestar Automotive Holding Uk Plc closed at $1.05 yesterday.

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