QS Stock Warning: Why QuantumScape Desperately Needs a Valentine's Day Miracle
QSQuantumScape(QS) InvestorPlace·2024-02-08 19:33

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. De ...