tiprankstipranks
Advertisement
Advertisement

Polestar may be impacted by US ban on Chinese software, says Cantor Fitzgerald

Earlier this month, the Department of Commerce moved to ban Russian and Chinese software from vehicles in the U.S., Cantor Fitzgerald tells investors. Polestar (PSNY) currently manufactures most of its vehicles in China, and may be “materially” impacted by the ban, the firm says. Cantor has a Neutral rating on the shares.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1