Why Polestar Automotive Stock Crashed This Week [Yahoo! Finance]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: Yahoo! Finance
last Friday's market close, according to data from S&P Global Market Intelligence Polestar confirmed on May 23 that it was postponing the release of its first-quarter earnings report due to ongoing accounting issues. Notably, the electric vehicle (EV) specialist still has not released its fourth-quarter report for last year. Polestar's shocks investors with more delays Polestar, a Sweden-based EV specialist that was spun off from Volvo, went public through a merger with a special purpose acquisition company ( SPAC ) that was completed in 2022. The stock has lost roughly 77% of its value over the last year and now trades down 94% from its high. The company now has a market capitalization of $1.65 billion and is valued at roughly a third of this year's expected sales. When a company misses an earnings report, it's often a sign of major operational or accounting issues. Polestar has actually delayed the release of its Q4 report two times, with the most recent postponement for tha
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SPGI
Earnings
- 4/26/24 - Miss
SPGI
Sec Filings
- 5/17/24 - Form 4
- 5/15/24 - Form 144
- 5/6/24 - Form 8-K
- SPGI's page on the SEC website