Polestar Reported Strong EV Deliveries. Why the Stock Fell.

The latest delivery results from


Polestar Automotive


look solid, while the outlook for deliveries is even better. Investors seemed to be pleased before the September jobs number tanked the stock market.

Friday, the electric vehicle maker (ticker: PSNY) announced it delivered 9,215 vehicles in the third quarter, bringing its total to 30,400 through the first nine months of the year. The company added that it expects to hit its full-year forecast of 50,000 units.

Source: https://www.barrons.com/articles/polestar-stock-ev-deliveries-51665143659?siteid=yhoof2&yptr=yahoo