Polestar stock jumps as BBVA discloses 8.4% stake and Geely backstop details surface
NEW YORK, December 31, 2025, 10:37 ET — Regular session Polestar Automotive Holding UK PLC shares rose 4.4% to $20.38 in morning trading on Wednesday after a regulatory filing showed Banco Bilbao Vizcaya Argentaria held an 8.4% stake. The bank reported beneficial ownership of 7,755,946 Class A American Depositary Shares as of Dec. 23 and disclosed a put option arrangement tied to Geely affiliates. SEC