Quantum FinTech Acquisition (NYSE:QFTA) Trading Down 5.1% – Here’s What Happened

Quantum FinTech Acquisition Co. (NYSE:QFTAGet Free Report)’s share price traded down 5.1% during trading on Tuesday . The stock traded as low as $7.27 and last traded at $7.48. 66,611 shares changed hands during mid-day trading, an increase of 2,287% from the average session volume of 2,791 shares. The stock had previously closed at $7.88.

Quantum FinTech Acquisition Stock Performance

The stock has a 50 day moving average price of $2.03 and a 200 day moving average price of $1.00.

About Quantum FinTech Acquisition

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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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