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KM QUAD Announces Entering into a Merger Agreement with Quetta Acquisition Corporation
Globe Newswire (Fri, 14-Feb 4:30 PM ET)
Quetta Acquisition Corp is a special purpose acquisition company.
Quetta Acquisition trades on the NASDAQ stock market under the symbol QETA.
As of March 5, 2025, QETA stock price was flat at $10.70 with million shares trading.
QETA has a market cap of $40.10 million. This is considered a Sub-Micro Cap stock.
QETA has underperformed the market in the last year with a return of +5.1%, while SPY returned +14.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in QETA shares. However, QETA has outperformed the market in the last 3 month and 2 week periods, returning +1.6% and +0.8%, while SPY returned -4.3% and -5.3%, respectively. This indicates QETA has been having a stronger performance recently.
QETA support price is $10.62 and resistance is $10.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QETA shares will trade within this expected range on the day.