Advertisement
Singapore markets closed

  • Straits Times Index

    3,187.66
    +32.97 (+1.05%)
     

  • S&P 500

    5,022.21
    -29.20 (-0.58%)
     

  • Dow

    37,753.31
    -45.66 (-0.12%)
     

  • Nasdaq

    15,683.37
    -181.88 (-1.15%)
     

  • Bitcoin USD

    62,632.67
    -15.97 (-0.03%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • FTSE 100

    7,867.10
    +19.11 (+0.24%)
     

  • Gold

    2,397.50
    +9.10 (+0.38%)
     

  • Crude Oil

    82.20
    -0.49 (-0.59%)
     

  • 10-Yr Bond

    4.5850
    0.0000 (0.00%)
     

  • Nikkei

    38,079.70
    +117.90 (+0.31%)
     

  • Hang Seng

    16,385.87
    +134.03 (+0.82%)
     

  • FTSE Bursa Malaysia

    1,544.76
    +4.34 (+0.28%)
     

  • Jakarta Composite Index

    7,166.81
    +35.97 (+0.50%)
     

  • PSE Index

    6,523.19
    +73.15 (+1.13%)
     

Why Albemarle, ChargePoint, and QuantumScape Fell This Week

Billy Duberstein, The Motley Fool
·4-min read
Why Albemarle, ChargePoint, and QuantumScape Fell This Week

Shares of electric vehicle ecosystem participants Albemarle (NYSE: ALB), ChargePoint Holdings (NYSE: CHPT), and QuantumScape (NYSE: QS) fell hard this week, declining 11.9%, 12.2%, and 10.9%, respectively, according to data provided by S&P Global Market Intelligence. In addition, Tesla's (NASDAQ: TSLA) first-quarter deliveries data released last weekend appeared to disappoint more hopeful investors in the EV space. Albemarle is a lithium processor, the key material in lithium-ion batteries that power EVs.

Continue reading