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Here's Why QuantumScape Stock Is a Buy Before April 23

The maker of solid-state batteries could be a contrarian play at these levels.QuantumScape (QS 1.97%) initially attracted a stampede of bulls when it went public by merging with a special purpose acquisition company (SPAC) on Nov. 27, 2020. The solid state battery maker's stock opened at 24.80andsurgedtoarecordhighof24.80 and surged to a record high of 131.67 less than a month later. At the time, it claimed it could commercialize its first batteries by 2024, and that its revenue would reach 14millionin2024,14 million in 2024, 39 million in 2025, a ...