QuantumScape (QS) Receives a Nod From Soros Fund Management as Battery Plays Such as FREYR (ALUS) and StoreDot Continue To up the Ante

QuantumScape (QS) Receives a Nod From Soros Fund Management as Battery Plays Such as FREYR (ALUS) and StoreDot Continue To up the Ante

3 years ago
Anonymous $K6XgmDN5_o

https://wccftech.com/quantumscape-qs-receives-a-nod-from-soros-fund-management-as-battery-plays-such-as-freyr-alus-and-storedot-continue-to-up-the-ante/

QuantumScape (NYSE:QS), the company that is spearheading efforts to commercialize solid-state batteries, is currently stuck in an unenviable spot. With commercial product launch not expected until around 2025, the stock remains susceptible to a lack of positive catalysts in the interim.

Now, a recent 13F filing by Soros Fund Management has provided a rare spate of optimism. As per the details, the fund has accumulated over 3.31 million QuantumScape shares, equating to a stake of over 1.5 percent based on a total float of over 207 million shares.