QS stock has fallen 51% year to date to near its 52-week low of $4.77, despite a Q2 earnings beat and $859 million in liquidity.
Enovix and Eos Energy are down 59% and 65% YTD as battery ETF LIT gained 8%, showing the market penalizing pre-revenue companies.
No **** ysts rate QS a buy, and production milestones stretch well into the late 2020s, yet Honda's rigorous technology validation strengthens the long-duration bull case.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Shares of QuantumScape (NYSE:QS) are down 1% to $5.14 in Tuesday afternoon trading, extending a slide that has left the solid-state battery developer down 51% year to date. QuantumScape stock now trades near the bottom of a 52-week range that topped $19 last fall.
#Stock #date #near #week
Enovix and Eos Energy are down 59% and 65% YTD as battery ETF LIT gained 8%, showing the market penalizing pre-revenue companies.
No **** ysts rate QS a buy, and production milestones stretch well into the late 2020s, yet Honda's rigorous technology validation strengthens the long-duration bull case.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Shares of QuantumScape (NYSE:QS) are down 1% to $5.14 in Tuesday afternoon trading, extending a slide that has left the solid-state battery developer down 51% year to date. QuantumScape stock now trades near the bottom of a 52-week range that topped $19 last fall.
#Stock #date #near #week
2 months ago
