InterPrivate II Acquisition (NYSEARCA:IPVA) Stock Price Up 0.1% – Still a Buy?

Shares of InterPrivate II Acquisition Corp. (NYSEARCA:IPVAGet Free Report) were up 0.1% on Monday . The stock traded as high as $8.88 and last traded at $8.81. Approximately 10,000 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 42,737 shares. The stock had previously closed at $8.80.

InterPrivate II Acquisition Stock Up 0.1 %

The stock’s fifty day simple moving average is $6.38.

InterPrivate II Acquisition Company Profile

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InterPrivate II Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the auto-tech and mobility, business services, consumer, retail, e-commerce, industrial technology sectors.

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