Quantum FinTech Acquisition Co. (NYSE:QFTA – Get Free Report)’s share price traded up 0.4% on Friday . The company traded as high as $0.2089 and last traded at $0.2034. 1,105,298 shares traded hands during mid-day trading, an increase of 39,502% from the average session volume of 2,791 shares. The stock had previously closed at $0.2025.
Quantum FinTech Acquisition Stock Down 6.1%
The stock has a 50 day simple moving average of $0.24 and a two-hundred day simple moving average of $0.25.
About Quantum FinTech Acquisition
Quantum FinTech Acquisition Corp. (NYSE: QFTA) is a special purpose acquisition company formed to effect a merger, capital stock exchange, asset acquisition, share purchase or similar business combination with one or more businesses in the financial technology, digital assets, blockchain technology and quantum computing sectors. As a blank-check vehicle, QFTA provides a public-market structure and capital to partner with emerging companies that leverage cutting-edge technologies to transform traditional financial services and support next-generation digital ecosystems.
The company completed its initial public offering in August 2021, raising gross proceeds that are held in a trust account pending the identification and consummation of a qualifying business combination.
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