Stock Alert: QuantumScape Down 8%

(RTTNews) - Shares of QuantumScape Corp. (QS) are losing nearly 8% on Monday morning. QuantumScape announced the appointment of Celina Mikolajczak as Vice President of Manufacturing Engineering.

QS is currently trading at $24.77, down $2.08 or 7.76%, on the NYSE. The stock has traded between $9.90 and $132.73 in the 52-week period.

Mikolajczak will lead the transition of the company's tools and manufacturing processes from research and development to production.

"I'm delighted to join QuantumScape at this time in its journey," said Mikolajczak. "Having served on QuantumScape's board of directors, I have seen first-hand the depth of its technology and team. I look forward to now working directly with the team to help bring this technology into mass production. I can't think of a more inspiring project I could be working on right now."