Why These 5 Stocks Are on the Move on Tuesday

4. QuantumScape Corporation (NYSE:QS) has rallied 13% on Tuesday after the company announced it recently signed an agreement with a second top ten automotive original equipment manufacture by global revenues in which the OEM committed to collaborate with QuantumScape Corporation (NYSE:QS) to evaluate prototypes of QuantumScape Corporation (NYSE:QS)’s solid-state battery cells and to purchase 10MWh of capacity from the company’s pre-pilot production line facility for inclusion in pre-series vehicles, subject to satisfactory validation of intermediate milestones.

Jonathan Soros‘ JS Capital was long 2.295 million shares of QuantumScape Corporation (NYSE:QS) at the end of June.