🔴 Polar Power is trading 5% down today as hotter-than-forecast CPI weighs on stocks

Polar Power is trading at $1.04, down 5.00%, as hotter-than-forecast September CPI renewed interest-rate concerns and weighed on stocks.

• September headline inflation was 3.7% year over year; core inflation was 2.6%.
• The Nasdaq fell 1.58% and the S&P 500 fell 1.01%, reinforcing the negative broader-market backdrop.
• No fresh company-specific catalyst for the October 14 move surfaced; the co-CEO announcement was reported October 12.