Quantum is trading 5.02% down now at $23.67 after valuation-driven profit-taking following a sharp four-session rally after fiscal first-quarter results.
- Shares closed at $24.92 on August 17, down 4.56%, after rising from $11.78 on August 10.
- Seeking Alpha downgraded the shares from Buy to Hold on August 13, citing fair valuation.
- No new major company announcement was identified overnight.