QuantumScape (NYSE:QS) Sees 14% Share Price Increase Over The Last Month
QuantumScape (NYSE:QS) recently announced a notable collaboration with Murata Manufacturing Co. to boost the production of ceramic film for its solid-state battery technology. Despite the company’s first-quarter earnings showing a net loss, it’s an improvement compared to last year. It appears these developments have resonated with investors, contributing to a 14% increase in QuantumScape’s share price over the last month. This positive movement aligns with the broader market’s upward trend, which rose 4% in the last week and 12% over the past year, suggesting investor optimism in the company’s strategic moves and financial trajectory.
We’ve identified 3 possible red flags with QuantumScape (at least 1 which is concerning) and…
