Free Trial

Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Trading 14% Higher - Here's Why

Inflection Point Acquisition Corp. II logo with Financial Services background

Key Points

  • Inflection Point Acquisition Corp. II (NASDAQ:IPXX) stock saw a significant rise of 14% during mid-day trading, reaching a high of $12.90, with a dramatic increase in trading volume of 6,704% compared to its average.
  • A hedge fund, Newtyn Management LLC, acquired 700,000 shares of IPXX valued at approximately $8 million, making it the company's 20th largest position.
  • Inflection Point Acquisition Corp. II, incorporated in 2023, plans to pursue a variety of business combinations, as it currently does not have significant operations.
  • Interested in Inflection Point Acquisition Corp. II? Here are five stocks we like better.

Inflection Point Acquisition Corp. II (NASDAQ:IPXX - Get Free Report) shares rose 14% during trading on Friday . The stock traded as high as $12.90 and last traded at $12.71. Approximately 6,655,487 shares were traded during mid-day trading, an increase of 6,704% from the average daily volume of 97,821 shares. The stock had previously closed at $11.15.

Inflection Point Acquisition Corp. II Stock Up 9.7%

The company has a fifty day moving average of $11.56 and a 200 day moving average of $11.15.

Institutional Trading of Inflection Point Acquisition Corp. II

An institutional investor recently bought a new position in Inflection Point Acquisition Corp. II stock. Newtyn Management LLC acquired a new position in Inflection Point Acquisition Corp. II (NASDAQ:IPXX - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 700,000 shares of the company's stock, valued at approximately $8,036,000. Inflection Point Acquisition Corp. II makes up approximately 1.4% of Newtyn Management LLC's holdings, making the stock its 20th largest position. Newtyn Management LLC owned approximately 2.24% of Inflection Point Acquisition Corp. II as of its most recent filing with the Securities and Exchange Commission.

Inflection Point Acquisition Corp. II Company Profile

(Get Free Report)

Inflection Point Acquisition Corp. II 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. The company was incorporated in 2023 and is based in New York, New York.

Read More

Should You Invest $1,000 in Inflection Point Acquisition Corp. II Right Now?

Before you consider Inflection Point Acquisition Corp. II, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Inflection Point Acquisition Corp. II wasn't on the list.

While Inflection Point Acquisition Corp. II currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir & AMD Earnings: Massive Options Setups Ahead
3 Value Plays Set to Explode
5 Stocks to BUY NOW in August 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines