Shares of Inflection Point Acquisition Corp. II (NASDAQ:IPXX – Get Free Report) fell 14.7% during trading on Friday . The company traded as low as $12.19 and last traded at $12.20. 14,231,496 shares changed hands during mid-day trading, an increase of 14,448% from the average session volume of 97,821 shares. The stock had previously closed at $14.30.
Inflection Point Acquisition Corp. II Stock Performance
The firm’s 50 day moving average is $20.83 and its 200 day moving average is $15.33.
Inflection Point Acquisition Corp. II Company Profile
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.
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