Why QuantumScape Stock Is Rocketing Higher Today
Investors have been speculating on QuantumScape (NYSE: QS) stock and its ability to revolutionize electric vehicle (EV) batteries for several years now. It's been a slow road as the company works toward commercializing its solid-state battery technology.
After the company announced a major milestone, QuantumScape shares shot higher by as much as 47% Wednesday morning. At 10:07 a.m. ET, the stock remained 40.5% higher.
Image source: QuantumScape.
Source Fool.com
