Angelica Ballesteros
2 min read
In This Article:
We recently published a list of 10 Surprising Stocks That Skyrocketed Today. In this article, we are going to take a look at where QuantumScape Corporation (NYSE:QS) stands against other Friday’s top performers.
The stock market finished the trading week in the green territory as investors looked past the series of mixed corporate earnings performance and inflation worries, amid the easing trade tensions between the US and China.
The Dow Jones climbed by 0.78 percent, while the S&P 500 and the tech-heavy Nasdaq grew by 0.70 percent and 0.52 percent, respectively.
Beyond major indices, 10 companies—predominantly Bitcoin miners and quantum computing firms—registered a strong finish, thanks to fresh corporate developments boosting investor appetite.
In this article, we name Friday’s 10 top performers and detail the reasons behind their gains.
To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume.
A financial analyst reviewing multitudes of digital evidence on a large monitor.
QuantumScape Corporation rallied by 11.03 percent on Friday to close at $4.73 apiece as investor sentiment was boosted by a series of regulatory filings that included the naming of a new chief operating officer.
Last week, QuantumScape Corporation (NYSE:QS) named Luca Fasoli as its new chief operating officer. Before joining QuantumScape Corporation (NYSE:QS), he held key leadership positions at Western Digital (NASDAQ: WDC), including Senior Vice President of Memory Productization, where he guided the global transition of 3D NAND Flash technology from development to production across multiple international sites.
He also spent a decade at SanDisk Corporation (NASDAQ: SNDK), serving in pivotal roles such as Vice President of Product Development, Senior Director of the Intelligent Memory System, and Senior Director of Product Development.
On Friday, Fasoli gobbled up 1.3 million shares in the company, which forms part of his compensation package.
Overall, QS ranks 5th on our list of Friday’s top performers. While we acknowledge the potential of QS as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than QS but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
