Why QuantumScape Stock Is Lower Today

Why QuantumScape Stock Is Lower Today

Shares of electric-vehicle battery start-up QuantumScape (NYSE: QS) were trading lower today, amid a wider sell-off of emerging companies in the electric-vehicle space. As of 1:45 p.m. EST, QuantumScape's shares were down about 12.75% from Monday's closing price. QuantumScape is what we might call a "moonshot" stock.