QuantumScape's stock rockets on record volume after its solid-state cell EV battery ‘significantly exceeded' endurance test requirements
QSQuantumScape(QS) Market Watch·2024-01-05 04:28

Shares of QuantumScape Corp. QS, +45.68% blasted 47.5% higher in very active trading Thursday, after the battery maker’s solid-state cell, viewed as the next big step in battery development, passed the first endurance test, according to Volkswagen AG VWAGY, +2.07% VOW, +1.56% subsidiary PowerCo. Trading volume in the stock spiked to a record 98.4 million shares, above the previous record of 87.0 million shares on Sept. 3, 2020 and compared with the full-day average of about 5.9 million shares. The stock, wh ...