Solid State Battery

26.84

-1.2295-4.38%

Number of Gainers:- -

Number of Losers:1

Number of Flat:- -

PE:- -

High:27.82

Open:27.40

Low:24.77

Close:28.07

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QuantumScape (NYSE:QS) Sees 10% Decline Over Last Month Amid Global Trade Tensions

Simply Wall St.

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Yesterday

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The broader market downturn saw the 5.6% decline in overall market indices, propelled by fears of a recession and inflationary pressures, impacting tech-heavy sectors like QuantumScape. As a pioneer in solid-state battery technology, QuantumScape's shares were affected amid investor uncertainty and the broader sell-off in technology stocks, reflecting concerns about reduced economic growth and heightened market volatility.We've identified 3 weaknesses with QuantumScape  and understanding the impact should be part of your investment process.Over the past year, QuantumScape's total shareholder return declined by 32.37%, aligning closely with the US Auto Components industry's 32.7% decline. This performance lagged behind the broader US market, which rose by 3.3% during the same period. 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