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Stock impact report

QuantumScape Corporation (QS) Dips More Than Broader Market: What You Should Know [Yahoo! Finance]

QuantumScape Corporation Class A (QS) 
Company Research Source: Yahoo! Finance
The stock trailed the S&P 500, which registered a daily loss of 0.28%. Elsewhere, the Dow lost 0.08%, while the tech-heavy Nasdaq lost 0.42%. The company's shares have seen a decrease of 5.98% over the last month, not keeping up with the Auto-Tires-Trucks sector's loss of 0.04% and the S&P 500's gain of 2.67%. The investment community will be closely monitoring the performance of QuantumScape Corporation in its forthcoming earnings report. In that report, analysts expect QuantumScape Corporation to post earnings of -$0.20 per share. This would mark year-over-year growth of 16.67%. Investors should also take note of any recent adjustments to analyst estimates for QuantumScape Corporation. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. Research indicates that these estimate revisions are directly correlated with near-term share p Show less Read more
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