Why QuantumScape Stock Tumbled This Week [Yahoo! Finance]
QuantumScape Corporation Class A (QS)
Company Research
Source: Yahoo! Finance
The stock shot higher by more than 20% on that news. But reality set in this week as investors acknowledged there's still a long road for QuantumScape's technology to be commercially viable. That's led to a sharp decline in the stock this week. As of Friday morning trading, QuantumScape shares were lower by about 14% for the week, according to data provided by S&P Global Market Intelligence Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Last week the company announced it has achieved one of its most important goals for 2024. QuantumScape is working to develop a commercially viable solid-state battery that would improve electric vehicle performance in several ways. It has now fulfilled one short-term goal by shipping samples planned for its first commercial product to automakers for testing. The battery cell's solid-state engineering results in higher energy density to allow for a less-than-15-minute fast-charging cap
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News
- Cramer's Lightning Round: 'I would avoid QuantumScape' [CNBC]CNBC
- Quantumscape's Dependence on Volkswagen Subsidiary PowerCo Poses Significant Business Risks [Yahoo! Finance]Yahoo! Finance
- Is QuantumScape Stock a Buy? [Yahoo! Finance]Yahoo! Finance
- QuantumScape May Face EV Adoption Headwinds When It Comes Time To Produce [Seeking Alpha]Seeking Alpha
- QuantumScape Co. (NYSE: QS) had its "hold" rating re-affirmed by analysts at Truist Financial Co.. They now have a $7.00 price target on the stock, up previously from $6.00.MarketBeat
QS
Earnings
- 10/23/24 - Miss
QS
Sec Filings
- 10/25/24 - Form 10-Q
- 10/23/24 - Form 8-K
- 10/23/24 - Form 8-K
- QS's page on the SEC website