QuantumScape Reported a Surprise Profit. The Stock Is Dropping.
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https://www.barrons.com/articles/quantumscape-stock-earnings-51635282264
Updated Oct. 26, 2021 7:06 p.m. ET / Original Oct. 26, 2021 5:05 p.m. ET
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Stock successful solid-state-battery pioneer QuantumScape is down aft the institution reported third-quarter fiscal results.
QuantumScape (ticker: QS) made money—a astonishment for a institution with nary sales. But investors should remember, results conscionable don’t matter. QuantumScape is simply a pre-sales exertion startup, and method advancement is the sanction of the game. Quantum’s advances continue, and things are astir connected schedule.
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