🟢 QuantumScape Corporation is trading 5.1% up today on broad risk-on sentiment following tentative U.S.–Iran peace deal

QuantumScape Corporation is trading 5.1% higher at $7.40 in pre-market, rebounding from recent weakness and tracking a strong move higher in U.S. equity futures.

• The stock is benefiting from broad risk-on sentiment following a tentative U.S.–Iran peace agreement, which has boosted growth and tech names.
• The upward move appears to be macro-driven rather than the result of any new, company-specific catalysts for QuantumScape Corporation itself.