Quantumscape (NYSE:QS) shares have made some whipsaw moves over the past few trading days. Ahead of its latest quarterly results on Feb. 15, QS stock surged by nearly 32.3%, only to plunge by 17.2% the following trading day. Still, it’s up more than 90% on the year.
The company is still far away from reaching its next big milestone. Market conditions will likely decide whether the stock rallies from here, or continues to pull back.
So, knowing full well the fashion in which QS will likely perform in the near term, is it a buy, or is it a sell? Put simply, it depends. With this, let’s dive in, and see if shares are a fit for your portfolio.
This post appeared first on InvestorPlace.