QuantumScape ( (QS) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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QuantumScape’s stock is experiencing an upward trend, driven by increased call volumes and implied volatility, reflecting positive investor sentiment. This optimism is fueled by the company’s new partnership with Murata to boost solid-state battery production, alongside speculative trading activity ahead of their upcoming earnings report on October 22nd.
More about QuantumScape
YTD Price Performance: 165.34%
Average Trading Volume: 47,274,792
Technical Sentiment Signal: Buy
Current Market Cap: $8.32B
For further insights into QS stock on TipRanks’ Stock Analysis page.
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