Inflection Point Acquisition Corp. (NASDAQ:IPAX - Get Free Report) shares rose 3.3% during trading on Wednesday . The stock traded as high as $22.40 and last traded at $20.27. Approximately 18,311,778 shares changed hands during trading, an increase of 6,493% from the average daily volume of 277,739 shares. The stock had previously closed at $19.62.
Inflection Point Acquisition Trading Down 8.3 %
The firm has a fifty day moving average price of $18.77 and a 200 day moving average price of $11.88.
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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