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QuantumScape Warning! Sell QS Stock Now Before You Lose Your Shirt.
QSQuantumScape(QS) InvestorPlace·2024-02-02 07:33

After hitting an all-time high of more than $130 per share in the SPAC boom of 2020, solid-stage battery maker QuantumScape (NYSE:QS) has plummeted. Now trading for less than $7 per share, this stock is down more than 94% from its peak. Like many other post-SPAC companies, such a move isn’t uncommon, though QuantumScape’s decline has been more vicious than most. QS stock investors beware.Throughout this decline, the company’s backers had largely stuck by the company’s side. However, QuantumScape’s key backe ...