QS Stock Warning: Why QuantumScape Desperately Needs a Valentine's Day Miracle
QuantumScapeQuantumScape(US:QS) InvestorPlace·2024-02-08 11:33

It wasn’t until 2020 that investors started to accept EV stocks. Many SPAC-backed startups in these sectors have since faltered, undergoing significant declines from IPO highs. QuantumScape (NASDAQ:QS) epitomized this trend, soaring to a $50 billion market cap without revenue. Subsequently, QS stock has plummeted by 94%, reflecting waning investor patience. This fact is central to this QS stock forecast.While QuantumScape holds promise, investors should still exercise caution due to its lack of revenue. Des ...

QS Stock Warning: Why QuantumScape Desperately Needs a Valentine's Day Miracle - Reportify