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Zenger
Zenger
Business
Ryan Gustafson

FOUND: Quantumscape reports q2 losses plans to extend cash runway - You Need To See This

A solid-state battery development lab for Quantamscape. Investors have been shunning more speculative growth stocks. At the close of Tuesday trading, QuantumScape stock was off about 35% year to date. QUANTASCAPE.

QuantumScape Corporation (NYSE: QS) shares are trading lower in Wednesday’s after-hours session on the heels of the company’s second-quarter report. Here’s a rundown of the results and a look at what’s driving the action.

QuantumScape reported quarterly losses of 26 cents per share, which missed the analyst consensus estimate of a loss of 20 cents.

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