EV Battery Maker QuantumScape’s Stock Is Plunging After a Run-Up

By On Feb 16, 2023 37 0

EV Battery Maker QuantumScape’s Stock Is Plunging After a Run-Up | Barron’s

stock saw a wild gain on Wednesday, ahead of reporting a narrower-than-expected fourth-quarter loss after the market close. Shares are plunging Thursday morning.

What’s more, the plunge is happening even though earnings don’t matter for the electric-vehicle battery startup.

QuantumScape

(ticker: QS) doesn’t have sales yet. Investors, if they can stomach wild trading, should just focus on the company’s goals for 2023.