Quantum FinTech Acquisition Co. (NYSE:QFTA – Get Free Report) dropped 18% during trading on Tuesday . The company traded as low as $0.19 and last traded at $0.20. Approximately 8,060,628 shares traded hands during mid-day trading, an increase of 288,708% from the average daily volume of 2,791 shares. The stock had previously closed at $0.24.
Quantum FinTech Acquisition Stock Down 18.0%
The business has a 50 day moving average price of $0.19 and a 200 day moving average price of $0.87.
About Quantum FinTech Acquisition
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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