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0 0.000102564102564228 0.00205128205128219 0.00186666666666669 0 0.00303589743589747 0.00205128205128219 0.00615384615384621
Stock impact report

Why Shares of QuantumScape, First Solar, and ChargePoint Plunged in October [Yahoo! Finance]

QuantumScape Corporation Class A (QS) 
Company Research Source: Yahoo! Finance
Jones Industrial Average (DJINDICES: ^DJI) tumbling 1% and 1.3%, respectively. Several alternative energy stocks, however, suffered even steeper declines. According to data provided by S&P Global Market Intelligence First Solar (NASDAQ: FSLR) , a leading manufacturer of solar panels, plunged 22%, while solid state battery specialist QuantumScape (NYSE: QS) and ChargePoint (NYSE: CHPT) , a leader in electric vehicle (EV) charging infrastructure, dropped 10.4% and 12.4%, respectively. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Ripping higher on Oct. 24, QuantumScape stock benefited from investors' charged-up reaction to the company's third-quarter 2024 financial results presentation the day before, as the stock closed about 25% higher. The enthusiasm, however, didn't last long. On Oct. 28, the company provided an investor presentation that shook the bulls' resolve, and shares promptly headed south. The reason? Inve Show less Read more
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