10 Stocks with Surprising Gains

8. QuantumScape Corporation (NYSE:QS)

QuantumScape bounced back from losses on Tuesday, jumping 10.22 percent to close at $13.80 apiece as investors reloaded positions ahead of its earnings performance tomorrow, July 23.

QuantumScape Corporation (NYSE:QS) has experienced a notable rally over the past few weeks, stretching its win to a nine-day rally between July 8 and 18, before profit-taking persisted to end Monday’s session lower.

Investor confidence was primarily driven by QuantumScape Corporation’s (NYSE:QS) announcement of a new milestone last month that would become key to ramped-up production capabilities.

Called the Cobra separator, the new process is designed to enable faster, more energy-efficient production with a smaller equipment footprint compared to earlier processes.

As compared with the prior generation Raptor process, QuantumScape Corporation (NYSE:QS) said Cobra offers a ~25x improvement in heat treatment speed and occupies a fraction of the physical space per film start—both of which are key advantages in the design of a scalable gigafactory production line.