Why QuantumScape Stock Is Down Today
Shares of battery start-up QuantumScape (NYSE: QS) were trading lower on Monday, as investors continued to digest reactions to the company's presentation of its technology on Dec. 8.
As of 10:45 a.m. EST, QuantumScape's shares were down about 10.5% from Friday's closing price.
QuantumScape presented details of its battery technology to investors and researchers last week, and it was widely considered to be impressive. The company has spent a decade working on so-called "solid-state" batteries, a technology that if perfected could lower the cost of electric vehicles while making them safer and easier to recharge.
Source Fool.com
