Inflection Point Acquisition (NASDAQ:IPAX) Hits New 52-Week High – Here’s Why

Inflection Point Acquisition Corp. (NASDAQ:IPAXGet Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $14.78 and last traded at $14.45, with a volume of 11397967 shares changing hands. The stock had previously closed at $14.06.

Inflection Point Acquisition Trading Up 2.8 %

The stock has a fifty day moving average of $8.83 and a 200 day moving average of $6.11.

Inflection Point Acquisition Company Profile

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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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