- Electric vehicle maker Polestar Automotive Holding UK PLC (NASDAQ:PSNY) reported third-quarter vehicle delivery of 9,215 units.
- Year-to-date vehicle delivery jumped 100% year-on-year to 30,400 cars.
- A recent ramp-up in production following COVID-19 disruptions in China earlier in 2022 has resulted in significantly higher production rates, said Polestar.
- The company expects to meet its 50,000 global volume target for 2022 by delivering the remaining vehicles in Q4.
- “We needed to catch up on production after Covid-19 related setbacks in China and we have,” said CEO Thomas Ingenlath.
- The company will post its financial and operational results for the third quarter of 2022 on Friday, November 11, 2022.
- Price Action: PSNY shares are trading lower by 1.78% at $5.53 on the last check Friday.
Fortinet Recommends Stockholders Reject TRC Capital Investment Corporation’s “Mini-Tender” Offer To Purchase Up To 2M Shares Of Fortinet’s Common Stock At A Price Of $55.55 Per Share In Cash
News Summary
Fortinet® (NASDAQ:FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced it has been notified of an unsolicited "mini-tender" offer by TRC
