Why Shares of QuantumScape, First Solar, and ChargePoint Plunged in October

After a bullish September when markets raced higher, investor sentiment headed south in October, resulting in the S&P 500 (^GSPC 0.42%) and Dow Jones Industrial Average (^DJI 0.64%) tumbling 1% and 1.3%, respectively. Several alternative energy stocks, however, suffered even steeper declines.According to data provided by S&P Global Market Intelligence, First Solar (FSLR -2.78%), a leading manufacturer of solar panels, plunged 22%, while solid state battery specialist QuantumScape (QS -2.00%) and ChargePoint ...