quantumscape stock spac

QuantumScape wants to disrupt the automotive industry—and the EV space—by offering a better mousetrap. But with four years until a product is available, you have to stay informed. QuantumScape, a battery developer for electric vehicle use, began trading on the New York Stock Exchange today following a SPAC merger. Wall Street's obsession with the vehicles could be a sign of unsustainable market optimism, Grantham told the FT, rivaling the overwhelming bullishness seen during the 1920s and the late-1990s tech bubble. QuantumScape (NYSE: QS) has seen a huge run-up since the shares began trading on Nov. 27 following a SPAC merger. Read more: We spoke with Wall Street's 9 best-performing fund managers of 2020 to learn how they crushed the chaotic market - and compile the biggest bets they're making for 2021. Dollar giving up early gains. Grantham's profit stands to climb even higher. EV Battery Supplier QuantumScape, Backed by Bill Gates, to Go Public in SPAC Deal The merger with Kensington Capital Acquisition values QuantumScape at $3.3 billion. Here's what you need to know. Keefe, Bruyette & Woods Downgrades Rocket Companies (NYSE:RKT) to Underperform Intel (NASDAQ:INTC) Downgraded to "Sell" at Bank of America Technology About Press Investors Select Page Electric vehicles are here. QuantumScape Corp. (NYSE: QS) has released performance data regarding its next-generation solid-state lithium-metal batteries for use in electric vehicles (EVs). The position swelled after Kensington Capital Partners announced plans to merge QuantumScape with a special-purpose acquisition company, or SPAC, in September. QuantumScape QuantumScape is releasing its shares to the public through an obscure special purpose acquisition company (aka SPAC) merger, which has become an increasingly popular way to IPO in 2020. The company joins the electric vehicle investor space with a promise of a battery technology that may pr... A promising developer of the new generation of batteries, QuantumScape has the potential to upend the EV battery supply chain and lead the transition away from fossil fuels. The SPAC deal is expected to close in late 2020, when the new company will trade on the New York Stock Exchange under the ticker symbol QS. QuantumScape's lithium-metal battery uses a solid ceramic electrolyte which Singh said is safer than a conventional liquid electrolyte. QuantumScape is working on a … These quantum glass stocks are a great way to gain greater exposure to an EV segment that has so far flown under the radar. DoorDash prices IPO at $102 per share, will raise $3.4 billion, Stocks could stumble in early 2021 as investor sentiment surges past market fundamentals, Goldman Sachs says, Plus500. Lithium metal battery maker QuantumScape Corp (NYSE: QS) has gained nearly 220% since going public via an SPAC merger on Nov. 27. QuantumScape (), a battery developer for electric vehicle use, began trading on the New York Stock Exchange today following a SPAC merger.Shares of the San … QuantumScape is also part of a smaller and notable group of electric vehicle-related companies that have announced plans to go public via a SPAC. Kensington Capital Acquisition (NYSE:KCAC) and QuantumScape announce closing of business combination.QuantumScape shares will trade on the NYSE under the ticker symbol "QS" and its … Commerce Policy | Made In NYC | The company has st... Solid-state batteries (SSBs) represent the future of electric vehicles, bolstering the narrative for KCAC stock. Cramer had recommended the SPAC stock last week at $17.50. Many EV firms like Nikola (NKLA) and Hyliion (HYLN), among others, have gone public this year via reverse mergers with SPACs, a faster, simpler and less demanding process than traditional IPOs. Here's what you should know. The SPAC deal is expected to close in late 2020, when the new company will trade on the New York Stock Exchange under the ticker symbol QS. The SPAC has a deal in place to merge with QuantumScape, a pre-revenue start-up developing a better battery for electric vehicles. While not an exact measure of proportional SPAC ownership, it's a decent approximation. After a … It has since been updated to include the most relevant information available. The very kind of dealmaking that Jeremy Grantham previously deemed "reprehensible" netted the famous investor a $265 million profit. The company's solid-state lithium-ion batteries will allow drivers to charge their vehicles to about 80% of full capacity in 15 minutes. When is QuantumScape stock's IPO date? The SPAC was founded in 1999 by Justin Mirro, a former engineer for General Motors and Toyota. QuantumScape (QS) has announced that its special purpose acquisition company (SPAC) merger with Kensington Capital Acquisition is complete. Now read more markets coverage from Markets Insider and Business Insider: Credit Suisse maintains an index of LGBT-inclusive firms that's crushed its global benchmark since 2010. 0 comments. Kensington Capital stock has a path to explosive upside if its technology truly is a massive advancement. What do you think of QS Stock? save. On completion of the transaction, expected by the end of the year, the combined company will be named QuantumScape and will remain listed on the New York Stock Exchange under the symbol QS, the companies said. Microvast is still a private company until it reverse merged into Tuscan Holdings and likely trades under a new stock symbol. The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. A massive surge in QuantumScape stock has transformed a formerly interesting play into a wildly overvalued trap. It’s important to keep in mind that QuantumScape has already reverse-merged into former SPAC Kensington Capital and changed its symbol to QS. The position swelled after Kensington Capital Partners announced plans to merge QuantumScape with a special-purpose acquisition company, or SPAC, in September. Shares of Kensington Capital Acquisition Corp (NYSE: KCAC) are trading higher by over 30% Friday. #QuantumScape ##QuantumScapestock #... Quantumscape stock is a speculative stock at best, with its lofty valuation and with meaningful revenues for the company still way-off. Battery producer QuantumScape is the latest firm to go public through a special-purpose acquisition company, or SPAC, merger. Read more: Emmet Peppers grew his accounts from $30,000 in 2010 to over $70 million this year. QuantumScape and VW in 2018 formed a joint venture aimed at industrial-level production of solid-state batteries for use in VW's vehicles. However, QuantumScape plans to become a publicly-traded company in … There has been a lot of investor interest in electric vehicle plays this year. But I think it is a reprehensible instrument, and very very speculative by definition," he added. The post QS Stock: 11 Things to Know as Battery Play QuantumScape Rallies ap... Investors continue to try and sort out which electric-vehicle companies will be winners. The company was founded in 2010 and is headquartered in San Jose, California. However, I now believe that QuantumScape stock is close to being QuantumScape Is Now All Set To Go Public After the Shareholders of the SPAC Kensington Capital (KCAC) Approve the Merger Agreement Between the Two Companies By … QuantumScape is redefining the frontier of battery technology. QuantumScape is hardly the only SPAC that has added commas to certain investors' brokerage balances: ... Stock Advisor launched in February of 2002. While renewable energy stocks are in vogue, successful investors need to understand these trends. Author: QuantumScape, an electric vehicle battery maker backed by Bill Gates and Volkswagen, becomes the latest startup to go public through a SPAC. 100% Upvoted. Now we can calculate its … The post 3 Quantum Glass Stocks for the Future of Batteries appeared... Kensington Capital may offer a breakthrough in the quest for a better EV battery. His target for the stock price is $50. Introducing QuantumScape. QuantumScape founder and CEO Jagdeep Singh joins "Squawk on the Street" to discuss the company's public debut. QuantumScape Stock Is No Longer Undervalued Given Its Huge Run-Up. Listen in to hear how you can profit in 2021 and beyond. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. QuantumScape recently merged with a SPAC (a special purpose acquisition company) run by Kensington Capital Partners at a valuation of $3.3 billion. SPACs Are in a Bubble, but These 3 Stocks Will Make It … All rights reserved. QS stock is surging Tuesday morning after QuantumScape shared impressive results on its solid-state battery technology. These are the second and third auto tech SPAC mergers this year, following one involving San Jose-based Velodyne Lidar Inc. at the end of September. This article came out just now, with a more generous price target $40. S3 Partners analyst Ihor Dusaniwsky just released... QuantumScape CEO Jagdeep Singh discussed the company's efforts to develop a solid-state battery for electric vehicles and its work with German automaker Volkswagen. QuantumScape lands in that basket. However, investors should know what makes SSBs distinct -- and the challenges t... A pullback to end a huge month was probably inevitable. Solid-state lithium battery maker QuantumScape is becoming a publicly traded entity through a merger with special purpose acquisition company, or … Solid-state batteries that work. The electric vehicle market has a need for efficient batteries, and you can invest in this high-growth market via a position in KCAC stock. The newly minted hedge fund manager breaks down how he spotted early opportunities in Tesla, Facebook, and the COVID-19 market crash - and shared one IPO on his radar. QuantumScape soared as much as 37% in early Wednesday trading. Here are five key tips. QuantumScape, a developer of what are known as solid-state batteries, has entered into a definitive agreement to merge with blank check company … Microsoft co-founder Bill Gates isn't just investing in QuantumScape's potentially revolutionary lithium-metal battery technology — he's giving the venture advice as well. Returns as of 12/19/2020. © 2020 Insider Inc. and finanzen.net GmbH (Imprint). Lithium metal battery maker QuantumScape Corp QS 3.37% has gained nearly 220% since going public via an SPAC merger on Nov. 27. Battery producer QuantumScape is the latest firm to go public through a special-purpose acquisition company, or SPAC, merger. Business Insider Bill Gates-sponsored battery producer QuantumScape to join 'blank-check' IPO frenzy Emmet Peppers grew his accounts from $30,000 in 2010 to over $70 million this year. Join Stock … Huge Upside for QuantumScape Stock If management does execute on that ambitious goal, the potential upside for QuantumScape stock is enormous. Jagdeep Singh, QuantumScape Founder & CEO, joined Yahoo Finance to discuss going public through a SPAC deal and the future of electric vehicles. "Speculative stocks can … no comments yet. The QuantumScape position is "by accident the single biggest investment I have ever made," Grantham told the FT, partially fueled by the so-called blank-check companies' lack of regulation. Yahoo Finance’s Ines Ferre reports on the latest news on Quantumscape, DoorDash IPO, and Stitch Fix better than expected results. Log in or sign up to leave a comment Log In Sign Up. On completion of the transaction, expected by the end of the year, the combined company will be named QuantumScape and will remain listed on the New York Stock Exchange under the symbol QS, the companies said. It's only a matter of time before additional analysts come out with comparable or less generous price targets. Yet, when you dive into its merger partner, it’s clear there QuantumScape, which went public in November thr... QuantumScape, one of the newest entrants to the red-hot electric-vehicle industry, could have one big leg up on Tesla. Here are the top 28 stocks the firm says to buy now from the basket. That stake now stands at roughly $278 million thanks to a SPAC merger and QuantumScape's subsequent stock rally. Yahoo Finance’s Ines Ferre reports on the latest news on Quantumscape, DoorDash IPO, and Stitch Fix better than expected results. VW has committed more … This saw shares of … "It gets around the idea of listing requirements, so it is not a useful tool for a lot of successful companies. Find the latest QuantumScape Corporation (QS) stock quote, history, news and other vital information to help you with your stock trading and investing. Stock quotes by finanzen.net, Matthew Lloyd/Getty Images for ReSource 2012. Grantham, who founded investment management firm GMO and serves as its long-term investment strategist, invested $12.5 million in battery producer QuantumScape seven years ago as one of several stakes in early green-tech companies, according to the Financial Times. The stock is already up more than 50%. Yahoo Finance's Myles Udland, Julie Hyman, and Brian Sozzi speak with QuantumScape CEO Jagdeep Singh about the company's next generation battery technology. They also should last about 12 years in an electric veh... QS stock is climbing higher Tuesday after QuantumScape unveiled solid-state battery advancements. The stock price of QuantumScape Corporation (NYSE: QS) has surged 57.45% in its public debut day as it went from $23.50 at the opening price to a closing of $37 per share. QuantumScape (QS), a battery startup backed by Volkswagen and Tesla cofounder JB Straubel, went public with a bang today. With QuantumScape (QS) touching $50, we've hit full insanity again to end the last trading day of November. That compares to just $13.6 billion raised across 59 deals in 2019. Quantumscape Solid-State Showcase. Disclaimer | Shares of QuantumScape Corp. rallied nearly 20% Wednesday, extending their winning streak to a sixth session and nearly doubling in the interim. Click Here for the Live Stream. The post QS Stock: Why QuantumScape Shares Are Surging Today appeared fi... SAN JOSE, Calif.--(BUSINESS WIRE)--QuantumScape Corporation (NYSE: QS, or "QuantumScape"), a leader in the development of next generation solid-state lithium-metal batteries for use in electri... Investors keeping tabs on SPAC merger news have had a lot to absorb this week as more companies choose it as a way to go public. Velodyne's stock … Without better battery technology, it will be difficult -- if not impossible -- for EVs to replace gas-powered vehicles. Automakers are lobbying for measures that would lead to more electric vehicles in the U.S. One of the most powerful tradable market events is a short squeeze, so traders are always on the lookout for the next short squeeze candidate. WESTBURY, N.Y. and SAN JOSE, Calif., Nov. 12, 2020 /PRNewswire/ -- Kensington Capital Acquisition Corp. (NYSE: KCAC) ("Kensington") and QuantumScape Corporation ("QuantumScape") today announce... QuantumScape Corporation focuses on the development and commercialization of solid-state lithium-metal batteries for use in electric vehicles. Tesla's and NIO's stock … EUR/USD has recovered from a daily low of 1.2129 as fears eases. Enabling a mass market transformation. US lawmakers reached a $900 billion stimulus deal, marginally improving the market mood. About 12 years in an electric veh... QS stock is no longer undervalued given its run-up! Batteries used in electric vehicle ( EV ) space... as the merger with another $ 100 million to total! 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