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Hertz pauses plans of buying Polestar EVs

08:37am, Monday, 05'th Feb 2024
Hertz Global Holdings Inc (NASDAQ: HTZ) says it will not buy electric vehicles from Polestar Automotive Holding UK Plc (NASDAQ: PSNY) in 2024. Shares of the latter are down 5.0% this morning.
Yahoo Finance Live anchors Brad Smith and Ines Ferre discuss reports that Uber drivers in Europe can now rent Tesla and Polestar cars from Hertz.
Polestar CEO Thomas Ingenlath joins Yahoo Finance Live anchor Pras Subramanian, Julie Hyman and Brad Smith to discuss the company's SPAC deal, EV production, and the outlook for the luxury auto market
Polestar is slated to start trading on the Nasdaq today. In early trading, PSNY stock is changing hands for $11.86 per share.
Polestar CEO Thomas Ingenlath joins CNBC's 'Squawk Box' to discuss the company's debut on public markets on Friday through a SPAC merger.
Polestar's SPAC deal has closed, and it now plans an aggressive global expansion

EV Newcomer Polestar Starts Trading

07:55am, Friday, 24'th Jun 2022
The merger between the SPAC Gores Guggenheim and the EV company coming from Volvo is done.
Our call of the day comes from AQR Capital Management's Cliff Asness, who sounded off on bonds, value plays and AMC Entertainment.
Shares of special purpose acquisition company Gores Guggenheim Inc (NASDAQ: GGPI) are moving higher Thursday after shareholders approved its proposed business combination with Swedish EV company P
Think going to a dealership and haggling is a hassle? Polestar sells electric cars online and ships them to your door.
Swedish EV maker Polestar is likely to begin trading on the Nasdaq this week following a SPAC reverse merger. GGPI stock is up on the news.
GGPI shareholders will be voting on its proposed merger with Swedish EV maker Polestar on Wednesday, June 22. Upon approval of the transaction, Polestar could be making its debut on Nasdaq under the t
Gores Guggenheim Inc (NASDAQ: GGPI) was soaring up more than 13% on Friday, heavily outpacing the general market, which saw the S&P 500 trading up about 0.7%. The special purpose acquisition company
Gores Guggenheim Inc (NASDAQ: GGPI) was soaring up more than 13% on Friday, heavily outpacing the general market, which saw the S&P 500 trading up about 0.7%. The special purpose acquisition company

GGPI Stock Rebounds as Polestar Teases New EVs

12:53pm, Friday, 17'th Jun 2022
Gores Guggenheim (GGPI) stock is rebounding on Friday after the SPAC's merger target showed off new electric vehicles (EVs). The post GGPI Stock Rebounds as Polestar Teases New EVs appeared first on I
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