Oklo stock tumbles as Financial Times scrutinizes valuation
Michael O. McCarthy III, Chief Legal Officer of QuantumScape Corp (NYSE:QS), sold 38,035 shares of Class A Common Stock on September 12, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The company, currently valued at $5.7 billion, has seen remarkable growth with a 128% price return over the past six months, according to InvestingPro data. The shares were sold at a weighted average price of $9.1302, for a total transaction value of $347,267.
The prices for the sale ranged from $9.1301 to $9.135. Following the transaction, McCarthy directly owns 1,397,382 shares, which includes 1,217,795 shares represented by restricted stock units and performance restricted stock units.
In other recent news, QuantumScape Corp reported its second-quarter 2025 earnings, showing a slight improvement over analyst expectations. The company’s earnings per share (EPS) came in at -$0.20, compared to the anticipated -$0.21. This positive earnings result did not prevent a decline in the stock price, as investors focused on broader financial outcomes and guidance for the future. Additionally, QuantumScape and PowerCo, Volkswagen Group’s battery company, unveiled a significant milestone in battery technology. They showcased the world’s first live demonstration of solid-state lithium-metal batteries powering an electric vehicle at IAA Mobility in Munich. The demonstration involved a modified Ducati V21L race motorcycle equipped with QuantumScape’s QSE-5 battery cells. These developments highlight QuantumScape’s progress in transitioning from laboratory testing to real-world applications.
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