QuantumScape Stock Ends Volatile Week Down; Bulls Still Looking for Key Catalyst
QuantumScape shares fell 6.9% Friday to $8.01 but remained up 6.6% for the week. The company, still pre-revenue, reported a first-quarter net loss of $100.8 million and $904.7 million in liquidity. Its Eagle Line pilot production began QSE-5 cell output in Q2. No new press releases drove last week’s trading surge.