QuantumScape (NYSE:QS) Shares Gap Up on Earnings Beat

Shares of QuantumScape Corporation (NYSE: QS - Get Free Report) gapped up before the market opened on Thursday after the company announced better than expected quarterly earnings. The stock had previously closed at $7.31, but opened at $9.66. QuantumScape shares last traded at $8.0440, with a volume of 37,423,856 shares traded. The company reported ($0.16) earnings