QuantumScape Surges 12.43% on Solid-State Battery Momentum Ranks 272nd in 370M Trading Volume

, 2025, , . The stock's performance was driven by renewed investor interest in solid-state battery advancements, . .

Market participants highlighted the stock's sensitivity to sector-specific catalysts, including patent filings and supply chain announcements. While no immediate earnings reports or regulatory filings impacted the trade, short-term momentum appeared linked to broader themes. The absence of conflicting news from competitors or sector peers further supported the positive sentiment.

To run this cross-sectional back-test robustly, key parameters require clarification: the universe should include U.S. common stocks (NYSE, NASDAQ, AMEX) with data on the signal date. Signals will rank stocks by daily dollar trading volume, selecting the top 500 for equal-weight purchase at close, with exits at the next day’s close. Trading costs and benchmark comparisons (e.g., SPY) remain optional. Confirming these assumptions will finalize the methodology for the 2022-01-03 to latest available period analysis.