QuantumScape Pulls Back After July Surge: Is It Ready to Rebound?

QuantumScape Today QS QuantumScape $6.00 -0.10 (-1.64$4.67 ▼ $10.03 Price Target$6.62 Add to Watchlist After 13 years, QuantumScape Co. NYSE: QS is getting closer to the launch of its first commercial solid-state lithium-metal (SSLM) battery. Its announcement of the extended production agreement with Volkswagen AG (OTCMKTS: VWAGY) subsidiary PowerCo sent shares rocketing over 40% up to $9.52 on July 17, 2024. Shares have since pulled back down to complete the gap-fill at$5.45, and it's ge ...