Quantum Corporation Plunges 11.4% Amid Fraud Probe

Quantum Corporation (QMCO) experienced a significant drop of 11.4% in pre-market trading on July 1, 2025, raising concerns among investors and analysts alike.

The recent decline in Quantum's stock price can be attributed to the announcement of a securities fraud investigation into the company. This investigation has prompted investors who have lost money to contact the Law Offices of Frank R. Cruz, indicating a potential legal battle ahead for Quantum.

Quantum Corporation, founded in 1980 and headquartered in San Jose, California, has been a prominent player in the tech industry. The company's earnings report for the fourth quarter of 2025 has also been a topic of discussion, although specific details have not been disclosed. The investigation and potential legal repercussions have cast a shadow over the company's financial health and future prospects.