QuantumScape Stock Is Rising Friday: What's Going On?

Shares of QuantumScape Corp (NYSE:QS) are trading higher Friday morning, extending gains from a strong third-quarter report released earlier this week.

QS is demonstrating bullish strength. Follow the breaking news here.

What To Know: The company posted a narrower-than-expected loss of 18 cents per share and announced it had achieved a key 2025 goal by beginning shipments of its QSE-5 solid-state battery cell samples.

Investor enthusiasm for QuantumScape’s progress is being amplified by a favorable macroeconomic environment. A cooler-than-expected September inflation report, which showed the headline CPI rising just 3.0% year-over-year, has bolstered optimism for potential Federal Reserve interest rate cuts. This news lifted broader market sentiment, with S&P 500 and Nasdaq 100 futures rising Friday morning.

The combination of company-specific milestones and a positive market backdrop is fueling the upward momentum in QuantumScape’s stock Friday as investors cheer developments in both its solid-state battery technology and the broader economic outlook.

Benzinga Edge Rankings: Highlighting the stock’s recent performance, Benzinga Edge rankings give QuantumScape a very strong Momentum score of 97.38.

QS Price Action: QuantumScape shares were up 3.96% at $15.24 at the time of publication on Friday, according to Benzinga Pro data.

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How To Buy QS Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in QuantumScape’s case, it is in the Consumer Discretionary sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

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