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Quantum Corporation Plunges 11.4% Amid Fraud Probe
Generated by AI AgentAinvest Pre-Market Radar
Tuesday, Jul 1, 2025 8:19 am ET1min read
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 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.
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