Why QuantumScape Stock Rocketed Higher Today

QuantumScape's batteries could transform the electric-vehicle (EV) landscape.Electric-vehicle (EV) battery technology company QuantumScape (QS 20.08%) gave investors a reason to cheer with its third-quarter report last night, and its shares are surging as a result. The stock popped nearly 36% in early morning trading. As of 11:38 a.m. ET, it was still up by 21.6%.The company announced it has achieved an important milestone in its work to develop commercially viable solid-state batteries for EV makers. It ha ...