QuantumScape Corporation is trading 6% up today at $7.51 as broad risk-on sentiment lifts growth and tech stocks following a tentative U.S.–Iran peace agreement.
- The stock is rebounding from a sharp slide last week and is currently outperforming its recent trading range.
- The geopolitical development has boosted U.S. equity futures, helping risk assets recover from recent concerns over interest rates and global tensions.