Volvo shares steady after 30% plunge

Volvo shares fell more than 30% last week on investor concerns over China, its EV strategy and problems with the EX60 launch. The stock steadied Tuesday as markets awaited positive news on the new SUV.

• Volvo stock lost over 30% in a week
• Concerns: China, EV strategy, EX60 launch issues
• Shares stopped falling on Tuesday