QuantumScape ( (QS) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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QuantumScape’s stock has experienced a notable increase, driven by a surge in bullish option activity. The rise in call trading volume and a low Put/Call ratio reflect positive market sentiment. This optimism is further fueled by a recent manufacturing agreement with Corning. Despite this, mixed options sentiment reveals some uncertainty as investors await the company’s upcoming earnings report.
More about QuantumScape
YTD Price Performance: 158.12%
Average Trading Volume: 45,396,854
Technical Sentiment Signal: Buy
Current Market Cap: $8.09B
For further insights into QS stock on TipRanks’ Stock Analysis page.
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