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Quantumscape Corp (QS)

NYSE
Currency in USD
Disclaimer
5.03
-0.46(-8.30%)
Real-time Data

QS Comments

why is it dropping? can someone pls share a brief dd?
I think it's because of their stock dillution. The price offering is at $40. That's probably the reason why. In addition, the Market is down overall and that doesn't help the stock ◉‿◉
14:54Mar 25, 2021MT Newswires QuantumScape Prices 10.4 Million Share Offering at $40/Share; Shares Decline Over 7% QuantumScape (QS) Thursday after it priced the underwritten public offering of 10.4 million of its class A common shares at $40 apiece for net proceeds of $402 million. The company granted the underwriters a 30-day option to purchase up to 1.56 million class A shares at the same offering price. QuantumScape said the offering is expected to close on March 29. Shares fell over 7% in recent trade. Price: 44.22, Change: -3.61, Percent Change: -7.54
Scam be aware!!!!
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