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Why QuantumScape Shares Dropped Today

Why QuantumScape Shares Dropped Today

QuantumScape (NYSE: QS) shares are significantly outperforming other technology stocks to the downside today. While the tech-heavy Nasdaq Composite index was down about 1.3% as of 2:45 p.m. ET, QuantumScape stock was lower by 6%. If successfully commercialized, solid-state battery technology should provide faster charging times with a more efficient and safer battery.