Shares of Inflection Point Acquisition Corp. (NASDAQ:IPAX – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $14.80 and last traded at $14.00, with a volume of 35483833 shares trading hands. The stock had previously closed at $12.07.
Inflection Point Acquisition Price Performance
The stock’s 50-day moving average is $8.50 and its 200 day moving average is $6.00.
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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