Shares of Quantum FinTech Acquisition Co. (NYSE:QFTA – Get Free Report) fell 14.5% during mid-day trading on Wednesday . The company traded as low as $3.60 and last traded at $3.83. 133,926 shares were traded during trading, an increase of 4,698% from the average session volume of 2,791 shares. The stock had previously closed at $4.48.
Quantum FinTech Acquisition Stock Performance
The business has a fifty day simple moving average of $3.37 and a 200 day simple moving average of $1.54.
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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