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05 Jan
12:40

Investors to probe 41% slump in QuantumScape shares

A series of investigations into solid-state battery developer QuantumScape have been launched as the company’s share price plummeted on 4 January, Kallanish reports. The share price for the company fell by 41% on Monday to $49.96 at market close from its previous closing position of $84.45 on 31 December. It represents a loss of approximately $30 billion of market capitalisation since mid-December when the company recorded a daily price high of $131.55. The…
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