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Benzinga
Benzinga
Business
Henry Khederian

QuantumScape (QS) Stock Hits New 52-Week High: What's Going On?

QuantumScape QuantumScape Corp
QuantumScape Corp

Shares of solid-state battery developer QuantumScape Corp (NYSE:QS) are trading higher Tuesday, hitting a new 52-week high, as investors react to a combination of manufacturing breakthroughs and recent strategic cost-saving measures.

What To Know: The stock's upward momentum builds on a late-June announcement detailing the successful integration of its advanced “Cobra” separator process.

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