Here's Why QuantumScape Popped Today
Shares of QuantumScape (NYSE: QS) spiked 16% early Tuesday morning after a spectacular drop on Monday. As of 11 a.m. EST today, shares are up 7%.
The stock of the future maker of solid-state batteries for electric vehicles (EVs) was on a tear in December, gaining 270% in the first three weeks of last month. Shares are down about 60% from that peak, mainly due to an almost 50% single-day drop Monday.
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Source Fool.com
