Quantum FinTech Acquisition (NYSE:QFTA) Trading Down 14.5% – Should You Sell?

Quantum FinTech Acquisition Co. (NYSE:QFTAGet Free Report) shares traded down 14.5% during 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 Price Performance

The company’s 50-day moving average is $3.51 and its 200-day moving average is $1.58.

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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