Update: Polestar Shares Fall After Q2 Revenue Decline

10:18 AM EDT, 09/03/2026 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph and volume guidance in the last paragraph.) Polestar Automotive's (PSNY) shares were down nearly 26% in Thursday trading after the company reported lower year-over-year revenue and cut its 2026 volume growth guidance. The company posted a Q2 net loss of $459 million, compared with a loss of $1.03 billion a year earlier. Revenue for the quarter ended June 30 was $727 million, down from $791 million a year earlier. The company updated its 2026 volume guidance to low-to-mid single-digit growth from previous low double-digit growth. Price: 8.88, Change: -3.11, Percent Change: -25.94