Shares of Zapata Quantum Warrants (NASDAQ:ZPTAW – Get Free Report) dropped 12.5% during mid-day trading on Wednesday . The stock traded as low as $0.32 and last traded at $0.35. 83,284 shares changed hands during trading, an increase of 214% from the average daily volume of 26,537 shares. The stock had previously closed at $0.40.
Zapata Quantum Warrants Trading Down 12.5%
The business’s fifty day moving average is $0.21 and its 200 day moving average is $0.23.
Zapata Quantum Warrants are derivative securities that give holders the right, but not the obligation, to purchase shares of Zapata Quantum common stock at a predetermined price before expiration. Warrants are typically issued as part of financing transactions and trade separately from the underlying common shares.
These warrants were originally issued when the company operated as Zapata Computing and was listed on the Nasdaq exchange.
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