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Stock impact report

QuantumScape Corporation (QS) Ascends But Remains Behind Market: Some Facts to Note [Yahoo! Finance]

QuantumScape Corporation Class A (QS) 
Company Research Source: Yahoo! Finance
The stock's change was less than the S&P 500's daily gain of 0.63%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.82%. The company's stock has dropped by 18.71% in the past month, falling short of the Auto-Tires-Trucks sector's loss of 5.42% and the S&P 500's gain of 1.76%. The investment community will be paying close attention to the earnings performance of QuantumScape Corporation in its upcoming release. The company's upcoming EPS is projected at -$0.20, signifying a 16.67% increase compared to the same quarter of the previous year. Investors should also note any recent changes to analyst estimates for QuantumScape Corporation. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To utilize t Show less Read more
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