QuantumScape Shares Soar on Corning Deal – Is Solid-State Battery Tech Finally Taking Off?
QuantumScape shares surged 12.9% to close at $13.91 on Oct. 1, with volume topping 47 million. The move followed a strategic partnership with Corning and a live Ducati demo using QSE-5 solid-state batteries. Market cap ranged from $7.0–8.3 billion. Most analysts rate the stock Hold, with average price targets near $6–$7.