Here's Why Investors Liked QuantumScape's Q4 Results

Electric vehicle battery start-up QuantumScape (NYSE: QS) reported its fourth-quarter and full-year 2020 results on Feb. 16, and as you'd expect from a pre-revenue company, there weren't many surprises in the numbers.

But there was some important news, namely a technical breakthrough. That's why the stock opened higher after earnings. But what does it mean? 

This will take a bit of explaining, so let's start with the basics. 

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Source Fool.com