Polestar (PSNYW) today: reverse stock split plan, wider Q3 loss, 9‑month revenue +49% — what it means for warrant holders (Nov 12, 2025)
What happened today (Nov 12, 2025) Polestar Automotive reported third‑quarter results and said it will execute a reverse stock split to address Nasdaq’s minimum bid requirement. Shares fell in early U.S. trading after the update, with Reuters noting an intraday drop of up to 17% as investors digested the combination of stronger revenue but deeper losses. Reuters On the operations and finance side, Polestar’s press release shows Q3 revenue of $748M (+36% YoY) and a net loss of $365M, as higher costs (including tariffs) and weaker used‑EV values increased residual‑value guarantee charges in North America. For the first nine months