U.S. stocks closed higher on Monday, with the Dow Jones Industrial Average up 0.25% at 45,514.95, the S&P 500 advancing 0.2% to 6,495.15, and the Nasdaq climbing 0.45% to 21,798.69. These are the top stocks that gained the attention of retail traders and investors throughout the day.
QuantumScape shares are trading sharply higher Monday morning. The company announced the first live demonstration of its solid-state lithium-metal battery technology.
The US market is yet to commence its session on Monday, but let's get a preview of the pre-market session and explore the top gainers and losers driving the early market movements.
The story is scintillating enough on the surface. Eventually though, the company will need to make a profitable product at a scale that competes with some (much) bigger rivals.
QuantumScape (NYSE: QS) is an American company at the forefront of developing revolutionary solid-state lithium-metal batteries, primarily for electric vehicles (EVs). Founded with the ambitious goal of overcoming the inherent limitations of conventional lithium-ion batteries, QuantumScape's technology promises higher energy density, significantly faster charging capabilities, and enhanced safety. As a
QuantumScape Corporation (NYSE:QS), a leading developer of solid-state lithium-metal batteries for electric vehicles, saw its shares drop sharply following its latest earnings announcement. The decline reflects growing investor concern over the company’s financial performance, delayed commercialization roadmap, and heightened competition in the solid-state battery space.
Post-Earnings Stock Reaction
