Streetbeat News

QuantumScape Corporation

https://www.quantumscape.com

Industry

Auto - Parts

QuantumScape Corporation, a development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

Open

4.74

Mkt cap

2.4B

Volume

High

4.83

P/E Ratio

-4.98

52-wk high

10.03

Low

4.65

Div yield

N/A

52-wk low

4.65

QuantumScape Corporation (NYSE:QS) has announced a proposed underwritten public offering of its Class A common stock, intending to offer $300 million of shares for working capital and general corporate purposes. The company also plans to grant underwriters a 30-day option to purchase up to an additional $45 million of shares. The offering is subject to market conditions and there is no assurance as to when it may be completed.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 12:25 pm

QuantumScape's shares are experiencing a downturn due to a general weakness in growth stocks.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:58 am

QuantumScape Corp's shares are trading lower by 6.31% to $12.48. The company reported Q2 losses of 26 cents per share, compared to the analyst consensus estimate of a loss of 20 cents. The shares have seen marked volatility and are higher by some 52% over the trailing month, possibly due to increased interest by retail investors in high short interest names. QS has a short float of roughly 20%.

Portfolio Pulse from Henry Khederian

August 04, 2023 | 10:13 am

QuantumScape's stock is trading lower, possibly due to a pullback following recent strength.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:57 am

QuantumScape Corp has appointed Dr. Siva Sivaram, President of Western Digital Corp, to the newly created role of President. Dr. Sivaram will lead QuantumScape's technology and manufacturing groups as the company transitions from R&D to production. QuantumScape recently announced it shipped updated prototype unit cells to automotive customers and completed equipment installation for its new fast separator production process.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 9:08 am

Goldman Sachs analyst Mark Delaney maintains a 'Sell' rating on QuantumScape (NYSE:QS) and raises the price target from $4 to $6.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2023 | 1:37 pm

The article reports on the options activity of 10 consumer discretionary stocks in today's session. The stocks include Tesla (TSLA), Norwegian Cruise Line Holdings (NCLH), Foot Locker (FL), NIO Inc. (NIO), Carvana Co. (CVNA), Marriott International (MAR), QuantumScape Corporation (QS), Rivian Automotive (RIVN), Bloomin' Brands (BLMN), and Wayfair Inc. (W). The article provides detailed information about the call and put options, trade types, sentiments, expiration dates, strike prices, total trade prices, open interests, and volumes for each stock.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:35 pm

Several consumer discretionary stocks experienced significant movement in Monday's pre-market session. E-Home Household Service, Connexa Sports Techs, Barnes & Noble Education, Faraday Future, Tupperware Brands, and Workhorse Gr saw their stocks rise, while Unique Fabricating, Polished.com, XPeng, Color Star Tech, QuantumScape, and Allied Gaming saw their stocks fall.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 1:06 pm

Several consumer discretionary stocks experienced significant movement during Friday's intraday session. Gainers included Unique Fabricating (UFAB), Beazer Homes USA (BZH), TAL Education (TAL), QuantumScape (QS), Coursera (COUR), and Youdao (DAO). Losers included Sleep Number (SNBR), Sweetgreen (SG), Ambow Education Holding (AMBO), Wingstop (WING), Tupperware Brands (TUP), and Lixiang Education Hldg (LXEH).

Portfolio Pulse from Benzinga Insights

July 28, 2023 | 5:31 pm

QuantumScape's stock is trading higher following the company's recent earnings report.

Portfolio Pulse from Benzinga Newsdesk

July 28, 2023 | 3:37 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.