🔴 Polar Power is trading 9.9% down today after second-quarter sales plunged 62.37% year over year

Polar Power is trading 9.9% down at $1.54 after August 18 second-quarter results: sales fell 62.37% year over year to $1.019 million, while net loss widened to $1.83 million from $271,000.

• Basic loss per share widened to $0.49 from $0.11, highlighting severe operating deterioration and likely driving the sharp August 19 decline.
• The stock is underperforming the broader market during the August 19 session; no reliable volume figure was available. Earnings deterioration is the clear company-specific catalyst; broader risk aversion may add pressure.