QuantumScape Stock Is Surging on Big News Today -- Is It a Buy for 2024?

QuantumScape (QS 26.09%) stock roared higher in Thursday morning's trading. The battery technology specialist's share price was up 25.3% as of 10:50 a.m. ET, according to data from S&P Global Market Intelligence.Volkswagen's PowerCo subsidiary announced that it had completed a test of QuantumScape's solid-state lithium battery for electric vehicles (EVs), and the results were encouraging. The test found that the technology could be used to power up to 500,000 kilometers of travel in an EV with barely any lo ...