Zapata Quantum Warrants (NASDAQ:ZPTAW – Get Free Report) was down 12.5% on Wednesday . The company traded as low as $0.32 and last traded at $0.35. Approximately 83,284 shares were traded during mid-day 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 Stock Performance
The company has a fifty day moving average of $0.22 and a 200-day moving average of $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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