QuantumScape's Epic Collapse
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FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Stocks got rocked due to tariff talk. The Dow dropped -1.48%. The Nasdaq Composite and Russell 2000 tumbled more than -2.50%.
Real estate, consumer staples, healthcare and utilities posted a positive session. Energy and technology collapsed more than -3.00%.
New 52-Week Lows led New Highs — 193 vs. 128.
THE WORST OF THE WORST
QuantumScape Corp ($QS) is the Worst of the Worst. The EV battery company collapsed -9.17% and closed at an all-time low.
Here’s the daily chart.
And weak weekly chart.
THE BEST OF THE BEST
Karman Holdings Inc ($KRMN) is the Best of the Best. The new issue missile systems manufacturer flew +5.99% and closed at an all-time high.
Here’s the daily chart.
RILEY’S RECS
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