On July 3, QuantumScape fell 8.21% in regular trading, trading at $6.99 USD/share, with Turnover of $106 million.
Within the Auto Parts & Equipment sector where QuantumScape belongs, the overall sector showed broad weakness. Among individual stocks, Patrick Industries down 0.91%, BorgWarner down 2.27%, LCI Industries up 0.92%, Aptiv PLC down 3.62%, Garrett Motion Inc. down 5.28%.
QuantumScape is a development stage company focused on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company currently generates no revenue and remains in the process validation and production line ramp-up phase.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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