Why QuantumScape Stock Jumped Again Today

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Shares of QuantumScape (NYSE: QS) were up for the second straight day on Thursday, after a major sell-off earlier this week.

As of 10:45 a.m. EST today, the stock was up 9% after it closed 6% higher on Wednesday, a day when shares were trading up more than 20% at one point.

The volatility in shares of the solid-state battery technology company comes after a massive 41% drop on Monday. That may have stemmed from some investor confusion, and the company released a statement the next day to clarify. 

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