QuantumScape Stock Is Surging. Here Are Some Theories for the Move. – Barrons

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Shares of electric-vehicle solid-state-battery technology company QuantumScape are surging in Friday trading. There isn’t much new news to pin gains on, but a confluence of factors might be at play.

QuantumScape (ticker: QS) stock is up more than 11% in Friday trading. The S&P 500 index and Dow Jones Industrial Average are down 0.3% and 0.2%, respectively.

It’s…