{"id":127316,"date":"2024-05-31T13:35:00","date_gmt":"2024-05-31T12:35:00","guid":{"rendered":"https:\/\/www.carscoops.com\/?p=3023254"},"modified":"2024-05-31T13:35:00","modified_gmt":"2024-05-31T12:35:00","slug":"polestars-stock-has-lost-95-of-its-value-since-2022-ipo","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2024\/05\/31\/polestars-stock-has-lost-95-of-its-value-since-2022-ipo\/","title":{"rendered":"Polestar\u2019s Stock Has Lost 95% Of Its Value Since 2022 IPO"},"content":{"rendered":"
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  • The carmaker has delayed the release of its 2023 annual report and Q4 2023 report.<\/li>\n
  • Despite once having a value of $21 billion, Polestar now has a market capitalization of just $1.65 billion.<\/li>\n
  • The company has ramped up advertising spending in Q2.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n

    Polestar’s stock recently plunged to an all-time low of 73 cents, putting its Nasdaq listing in jeopardy if it does not reverse its fortunes.<\/p>\n

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