Volvo stock was doing well Thursday, but it wasn’t because of a new product launch or something that the Swedish car manufacturer was building. On the contrary — the stock was up on the news that the company was going to stop doing something. Shares in Volvo were up 26 percent Thursday after it announced that it would no longer fund its Polestar Automotive, an electric vehicle manufacturer it had previously spun off as a separate subsidiary, according to CNBC. MarketWatch noted that, only a month into 2024, the year was already off to a rocky start for fans of electric vehicles. “Earlier this…