Polestar Edged Out Nasdaq Last Week. June Gets Harder.
Polestar Automotive Holding UK PLC picked up a 3.7% gain for its Nasdaq shares in the shortened U.S. trading week. The stock edged down 0.4% to $23.08 on May 29, but was still higher than the prior Friday. The week had four trading days because of Monday’s Memorial Day closure. Nasdaq opens again at 9:30 a.m. Eastern. This matters because the move happened with markets closed over the weekend—not during trading hours. It landed while the broader market was strong, with the Nasdaq Composite ending Friday at 26,972.62. That was a 0.2% gain for the session and up 2.4% since May 22.