Polar Power is trading at $1.40 (6% down) in after-hours as profit-taking continues following a sharp two-day swing around its new $25 million committed equity facility.
- The extended-hours decline follows an 11% drop during the July 29 regular session as investors lock in gains from the recent financing news.
- Broader risk-off sentiment is adding pressure to the stock, with major indices down over 1% as traders reassess the company’s capital-raising plans.