Inflection Point Acquisition Corp. (NASDAQ:IPAX – Get Free Report)’s stock price rose 2.5% during mid-day trading on Wednesday . The company traded as high as $10.55 and last traded at $10.52. Approximately 5,305,081 shares were traded during mid-day trading, an increase of 1,810% from the average daily volume of 277,739 shares. The stock had previously closed at $10.26.
Inflection Point Acquisition Price Performance
The stock has a fifty day moving average price of $9.84 and a 200-day moving average price of $9.74.
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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