Why QuantumScape's Stock is Down During Today's Session


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


 

 

QuantumScape's Stock Price And Volume Action

QuantumScape's (NYSE:QS) stock has been falling Tuesday, down 8.5% to a price of $60.22. The stock's volume is currently 4.29 million, which is roughly 25.99% of its recent 30-day volume average of 16.51 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: QuantumScape shares are trading lower after the company reported a 13 million share common stock offering.

Perspective On Recent Price Action

The stock's 50-day moving average was $52.75 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $132.73 and fallen to a low of $28.63.

Benzinga Pro provides investors with timely and accurate explanations of why a stock is moving. Subscribe to receive real-time alerts explaining stock price movements. Click here to learn more.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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