10 Surprising Stocks That Skyrocketed Today

5. QuantumScape Corporation (NYSE:QS)

QuantumScape Corporation rallied by 11.03 percent on Friday to close at $4.73 apiece as investor sentiment was boosted by a series of regulatory filings that included the naming of a new chief operating officer.

Last week, QuantumScape Corporation (NYSE:QS) named Luca Fasoli as its new chief operating officer. Before joining QuantumScape Corporation (NYSE:QS), he held key leadership positions at Western Digital (NASDAQ: WDC), including Senior Vice President of Memory Productization, where he guided the global transition of 3D NAND Flash technology from development to production across multiple international sites.

He also spent a decade at SanDisk Corporation (NASDAQ: SNDK), serving in pivotal roles such as Vice President of Product Development, Senior Director of the Intelligent Memory System, and Senior Director of Product Development.

On Friday, Fasoli gobbled up 1.3 million shares in the company, which forms part of his compensation package.