Why QuantumScape Stock Jumped Over 15% Today
Shares of QuantumScape (NYSE: QS) exploded on Wednesday and were trading over 16% through 1:30 p.m. ET. The developer of solid-state lithium-metal batteries for electric vehicles just signed a partnership, and investors see this as a big milestone and catalyst for QuantumScape stock.
Image source: Getty Images.
QuantumScape is partnering with (NYSE: GLW) to jointly develop ceramic separators in high volumes for commercial uses. Instead of polymer separators that are used in traditional lithium-ion batteries, QuantumScape uses ceramic separators that seemingly make the batteries safer, more energy dense, longer lasting, and faster to charge, among other things.
Source Fool.com
Corning Inc. Stock
€136.46
1.020%
With 35 Buy predictions and not a single Sell prediction Corning Inc. is an absolute favorite of our community.
With a target price of 181 € there is a positive potential of 32.64% for Corning Inc. compared to the current price of 136.46 €.
