Quantum FinTech Acquisition (NYSE:QFTA) Shares Down 6.6% – Should You Sell?

Shares of Quantum FinTech Acquisition Co. (NYSE:QFTAGet Free Report) fell 6.6% on Tuesday . The company traded as low as $0.39 and last traded at $0.40. 566,508 shares changed hands during mid-day trading, an increase of 20,198% from the average session volume of 2,791 shares. The stock had previously closed at $0.43.

Quantum FinTech Acquisition Price Performance

The company has a 50-day moving average price of $1.23 and a 200-day moving average price of $2.09.

Quantum FinTech Acquisition Company Profile

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Quantum FinTech Acquisition Corporation does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Tampa, Florida.

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