QuantumScape Corporation is trading 10.5% down at $8.12 following disclosures that Chief Technology Officer Timothy Holme sold 190,935 shares worth approximately $1.77 million.
- The transaction, executed on June 2, 2026, continues a notable pattern of insider selling that has weighed on investor sentiment.
- The decline is being exacerbated by a broader retreat in the tech sector, with the Nasdaq Composite falling 1.8% as investors rotate out of growth-oriented stocks.