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Why Shares of QuantumScape Soared 26% in February


After plunging 48% in January, shares of QuantumScape (NYSE: QS) rebounded in February and climbed 26%, according to data provided by S&P Global Market Intelligence.

Besides a positive take on the stock coming from Wall Street, investors responded to the company's announcement regarding its progress in developing batteries.

Image source: Getty Images.

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Source Fool.com

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