Shares of Inflection Point Acquisition Corp. (NASDAQ:IPAX – Get Free Report) were up 2% on Thursday . The stock traded as high as $5.26 and last traded at $5.16. Approximately 2,413,833 shares were traded during mid-day trading, an increase of 769% from the average daily volume of 277,739 shares. The stock had previously closed at $5.06.
Inflection Point Acquisition Stock Up 7.9 %
The company has a fifty day moving average price of $5.87 and a two-hundred day moving average price of $4.51.
About Inflection Point Acquisition
Inflection Point Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the consumer and technology industries. The company was incorporated in 2021 and is based in New York, New York.
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