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 seen a decline due to increased insider selling, which suggests negative sentiment despite a reduced quarterly loss compared to the previous year. However, there is some optimism as Deutsche Bank has raised its price target for the company, and there is modestly bullish options activity.
More about QuantumScape
YTD Price Performance: 193.86%
Average Trading Volume: 39,934,475
Technical Sentiment Signal: Buy
Current Market Cap: $9.52B
For further insights into QS stock on TipRanks’ Stock Analysis page.
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