USSTOCK.TODAY
Market Closed
Log in Sign up

QuantumScape records $2.8 billion market capitalization despite no revenue

The Motley Fool +1 ·

QS
QS QuantumScape Corp
$4.62 +1.09%
View chart & analysis →
  1. 1QuantumScape has not yet commercialized products or generated meaningful revenue.
  2. 2The stock price has fallen nearly 97% from its all-time high of $131.67 on December 22, 2020.
  3. 3QuantumScape's market capitalization of $2.8 billion was calculated based on a share price of $4.50.

So what's the key point?

QuantumScape is not yet making money from selling products. This means the stock price has dropped 97% from its previous peak.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

LSI Industries Reports $689 Million in Net Sales for Fiscal Year 2026 The Motley Fool +1 · 2h agoGinkgo Bioworks shares double following Eli Lilly contract announcement The Motley Fool +1 · 2h agoComparing Vanguard Russell 1000 Growth ETF and State Street SPDR S&P 600 Small Cap Growth ETF The Motley Fool +1 · 2h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news