QuantumScape Stock Soared Over 60% Higher This Week, and There Might Be More to Come
QuantumScape (NYSE: QS) is working to revolutionize the electric vehicle (EV) battery category. Its solid-state lithium-metal battery technology hasn't been commercialized, and its benefits haven't yet been proven beyond the laboratory.But the company hit one major development milestone this week, and investors took notice. The news helped the stock soar about 63% above last Friday's closing price as of 11:15 a.m. ET, according to data provided by S&P Global Market Intelligence.Image source: Getty Images.Continue reading
QuantumScape (NYSE: QS) is working to revolutionize the electric vehicle (EV) battery category. Its solid-state lithium-metal battery technology hasn't been commercialized, and its benefits haven't yet been proven beyond the laboratory.
But the company hit one major development milestone this week, and investors took notice. The news helped the stock soar about 63% above last Friday's closing price as of 11:15 a.m. ET, according to data provided by S&P Global Market Intelligence.
Image source: Getty Images.
