Fisker quietly settled trade secret spat with VW-backed battery company [The Verge]
QuantumScape Corporation Class A (QS)
Company Research
Source: The Verge
Photo by James Bareham / The VergeFisker Inc. quietly settled a previously unreported trade secret lawsuit with Volkswagen-backed solid-state battery company QuantumScape last July,While the lawsuit played out, Fisker Inc. locked away those documents and the work done by the employee, and even “quarantined” battery cells made while she worked there, though it ultimately argued the information was public domain. As part of the settlement, Fisker Inc. ultimately agreed to delete or destroy the documents the employee brought with her. Fisker Inc.recently disclosed in a filing with the Securities and Exchange CommissionFisker paid $750,000 as part of the settlementThe suit was settled at the same time that Fisker Inc.was trying to strike a deal with Volkswagen to power its first SUVblew past their deadline to strike a dealan agreement with iPhone-maker FoxconnVolkswagen made a $100 million investment in QuantumScape in 2018 andadded another $200 million to the joint venture last JuneIn 20
Show less
Read more
Impact Snapshot
Event Time:
QS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
QS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
QS alerts
High impacting QuantumScape Corporation Class A news events
Weekly update
A roundup of the hottest topics
QS
News
- QuantumScape Announces Timing of First Quarter 2024 Business Results and WebcastBusiness Wire
- QuantumScape May Need A Buyout To Stay Viable [Seeking Alpha]Seeking Alpha
- QuantumScape Corporation (QS) Laps the Stock Market: Here's Why [Yahoo! Finance]Yahoo! Finance
- We're Hopeful That QuantumScape (NYSE:QS) Will Use Its Cash Wisely [Yahoo! Finance]Yahoo! Finance
- QuantumScape Is Starting to Deliver on Its Lofty 2024 Goals [Yahoo! Finance]Yahoo! Finance
QS
Earnings
- 2/14/24 - In-Line
QS
Sec Filings
- 4/19/24 - Form PRE
- 4/10/24 - Form 4
- 4/9/24 - Form 4
- QS's page on the SEC website