Stock Market

Investors in QuantumScape (NYSE:QS) haven’t had much to cheer since the electric vehicle battery maker went public via a merger with special-purpose acquisition company Kensington Capital Acquisition in November 2020. On its first day of trading, QS stock soared nearly 50%. Less than a month later, shares hit a high of $132.73, 465% above where
0 Comments
While journalists were writing negative headlines about Spotify Technology (NYSE:SPOT) over its Joe Rogan saga, investors began buying the stock. Then the bottom dropped out. SPOT stock lost nearly half its value between last February and January 31. Source: Kaspars Grinvalds / Shutterstock.com In the succeeding days, it rose 15%. Then, after a net loss
0 Comments
Kohl’s (NYSE:KSS) stock surged 35% after getting a buyout offer from Starboard Value at $64/share, with other hedge fund and private equity groups reportedly circling. Source: Sundry Photography/Shutterstock.com Shares are trading January 28 at over $60.50, a market cap of $8.27 billion. Shares ended the previous week below $47. Analysts were going on TV to
0 Comments