Shares of Inflection Point Acquisition Corp. (NASDAQ:IPAX - Get Free Report) were up 6.6% during trading on Friday . The stock traded as high as $8.46 and last traded at $8.38. Approximately 5,101,969 shares were traded during trading, an increase of 1,737% from the average daily volume of 277,739 shares. The stock had previously closed at $7.86.
Inflection Point Acquisition Stock Performance
The business's 50 day simple moving average is $9.05 and its two-hundred day simple moving average is $12.87.
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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