As we approach the final hour of the trading session, these are today’s top stock gainers:
Some notable catalysts for today’s movers include the following:
- QuantumScape (QS) announced an agreement with Volkswagen‘s (VOW3) battery company PowerCo to industrialize its solid-state lithium-metal battery technology.
- Joby Aviation’s (JOBY) electric aircraft completed a 523-mile flight, which opens up the possibility of longer trips for its planned air-taxi service.
- Lantheus Holdings (LNTH) seems to be building on yesterday’s news and momentum. In fact, the Centers for Medicare and Medicaid Services put out a draft proposal to improve payments to diagnostic radiopharmaceuticals.
For the full list of top gainers, as well as the lists of Top Losers and Most Active stocks, click here.
What Is the Future of QS Stock?
Turning to Wall Street, analysts have a Moderate Sell consensus rating on QS stock based on three Holds and two Sells assigned in the past three months, as indicated by the graphic below. After a 30% decline in its share price over the past year, the average QS price target of $5.90 per share implies 17.6% downside risk.
