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Why Shares of QuantumScape Are Tumbling Today

Scott Levine, The Motley Fool
·2-min read
Why Shares of QuantumScape Are Tumbling Today

For the first three days of this week, investors were charged up about the prospects of solid-state battery company QuantumScape (NYSE: QS), and bid up its shares. As of 12:25 p.m. ET, shares of QuantumScape were down by 9.1%. Downgrading QuantumScape to underperform from peer perform, analyst Rod Lache of Wolfe Research has become considerably bearish on the stock.

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