Inflection Point Acquisition Corp. (NASDAQ:IPAX – Get Free Report)’s share price hit a new 52-week high during mid-day 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’s 50-day simple moving average is $9.15 and its 200-day simple moving average is $6.23.
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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