Polestar stock (PSNY) jumps on BBVA stake filing as Geely-backed funding stays in focus
NEW YORK, January 1, 2026, 21:16 ET — Market closed Polestar Automotive Holding UK PLC’s U.S.-listed shares closed sharply higher in the last session of 2025 as investors digested fresh ownership filings that detailed new stakes and financing arrangements around the Swedish electric-vehicle maker. Investing.com Why this matters now: Polestar has leaned on its controlling shareholder network for liquidity, and the new documents spell out how banks and Geely-linked entities are structuring exposure — including downside protection and potential equity conversion features. SEC+1 U.S. equity markets were closed on Thursday for the New Year’s Day holiday, leaving Wednesday’s close as