Quant's QNT Trades at $193.21 After Two Intraday Dips Below $191

Quant (QNT) traded at $193.21 at 10:02 a.m. ET (14:02 UTC) Oct. 20 after falling below $191 in each of the previous two sessions, though both daily closes held above that price.

In the session ending 8 p.m. ET Oct. 18 (00:00 UTC Oct. 19), QNT reached $182.48 before closing at $192.14. It fell to $190.52 in the following session and closed at $194.51. The two closes put QNT above $191 at each session’s end, even as trading crossed below that level during both days.

The Oct. 20 price was about 43% below QNT’s $337.51 high on Sept. 27. At the same Oct. 20 check, futures open interest stood at $103.89 million. Rolling 24-hour futures volume was $325.56 million, compared with $22.31 million in spot volume.

QNT’s retreat follows a September rally after The Clearing House selected Quant to provide technology for a planned tokenized-deposit network. The network is expected to become available to participating institutions in the first half of 2027.