QuantumScape (QS) Stock Is Trending Overnight: What's Going On?
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QuantumScape Corp. shares surged 6.77% in after-hours trading following an SEC filing about a director's stock sale. The stock closed at $8.42, up 4.86% during regular trading. The increase follows the completion of its Eagle Line production facility and $11 million in customer billings. Director Jeffrey B. Straubel plans to sell 27,106 Class A shares valued at $228,232.52 as part of a prearranged trading plan. QuantumScape has a market cap of $5.18 billion and has gained 96.73% over the past year, currently trading closer to its annual low.
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