Quantum Corporation shares fall 1.70% premarket after expanding its board of directors with two new appointments.

Quantum Corporation declined 1.70% in premarket trading. The company announced the appointment of two new executives, James C. Clancy and Tony J. Blevins, to its Board of Directors, reflecting its commitment to strengthening the Board and executive management team. This news is generally positive for the company, but the market may be reacting to other factors not mentioned in the news events.