Inflection Point Acquisition Corp. (NASDAQ:IPAX – Get Free Report) shot up 2% during trading on Thursday . The company traded as high as $5.26 and last traded at $5.16. 2,413,833 shares changed hands during mid-day trading, an increase of 769% from the average session volume of 277,739 shares. The stock had previously closed at $5.06.
Inflection Point Acquisition Stock Up 7.9 %
The stock’s fifty day moving average price is $5.87 and its 200 day moving average price is $4.51.
Inflection Point Acquisition Company Profile
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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