Polar Power is trading at $1.20, up 9.09%; its co-CEO announcement may have contributed to the after-hours gain.
- On October 12, 2026, Polar Power announced Chris Mayer would become Co-CEO alongside Arthur Sams, responsible for corporate strategy, financial performance, commercial growth and capital markets.
- The company said the structure supports growth in telecommunications, data centers and defense.
- The S&P 500 and Nasdaq were modestly lower; coverage has not confirmed the appointment caused the move.