Polestar stock price remains sensitive to Nasdaq tech

Polestar stock price remains sensitive to Nasdaq tech sentiment, as EV peers rally on regulatory incentives. Investors eye Sweden’s latest subsidy program impact. Shares jumped over 17% - from $1.10 to $1.30 - on whispers of a potential U.S.-EU deal that could slash regulatory hurdles for European automakers. Trading volume surged, surpassing the 52-week average. Investors and options traders are piling in, betting on even more upside as Polestar eyes expansion into the American market. Plus, its stellar deliveries are fueling momentum, strengthening the brand’s position in the fiercely competitive EV landscape. Stocks: 15 20 minute delay (Cboe BZX is real-time), ET. Volume reflects consolidated markets. Futures and Forex: 10 or 15 minute delay, CT. Market Data powered by Barchart Solutions. Fundamental data provided by Zacks and Morningstar . Polestar stock price gained momentum after management reaffirmed 2024 delivery targets, countering recent skepticism from short sellers and market commentators.