🔴 Polar Power is trading 8.5% down today in pre-market as profit-taking continues after its equity facility rally

Polar Power is trading 8.5% down at $1.51 in pre-market as profit-taking intensifies following a sharp rally driven by a $25 million committed equity facility with Roth Principal Investments.

• The stock fell 5.5% in after-hours trading on July 28 as investors began exiting positions following the financing announcement.
• Today's pre-market movement extends the downward trend as the market cools off from the recent volatility.