QS Stock Alert: QuantumScape Appoints a New CEO
QSQuantumScape(QS) InvestorPlace·2024-02-15 22:43

Battery developer QuantumScape (NYSE:QS) announced a new CEO while delivering quarterly results on Feb. 14. Dr. Siva Sivaram was named to lead “the next phase” of growth, the company’s press release said. QuantumScape remains a pre-revenue company. During the fourth quarter, it lost 110million,23centspershare.Itfinishedthequarterwith110 million, 23 cents per share. It finished the quarter with 1.08 billion in cash and marketable securities. Losses were narrower than previously. QS stock opened this morning at about $7.50 per share, a market capitalization ...