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QuantumScape insider sells shares as company faces Q1 misses and analyst "Hold" rating.
QuantumScape Corporation insider Mohit Singh recently sold a significant portion of his shares, reducing his ownership by about 16%. QuantumScape, a company developing solid-state lithium-metal batteries, reported a Q1 EPS miss and has received a "Hold" rating with a $5.19 average target price. Analysts expect continued losses for the company, which has a market cap of $3.70 billion and a volatile stock price.
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