Own QuantumScape? Why This Is One Battery Stock You Should Sell ASAP.
QuantumScape (NYSE:QS), an EV battery tech company, saw a surge in stock in November and early December. Despite a 25% year-to-date gain, this solid-state battery maker faces challenges. While prototype batteries exceed design targets, concerns persist. Adequate funds are secured for the next years, but profitability at scale remains unproven. QS stock is currently 70% below its market debut three years ago and 95% below its all-time high.That said, caution is warranted due to financial concerns and a low p ...