Inflection Point Acquisition (NASDAQ:IPAX) Trading Up 0.7% – What’s Next?

Inflection Point Acquisition Corp. (NASDAQ:IPAXGet Free Report) traded up 0.7% during mid-day trading on Wednesday . The stock traded as high as $12.14 and last traded at $11.79. 7,802,932 shares changed hands during mid-day trading, an increase of 2,709% from the average session volume of 277,739 shares. The stock had previously closed at $11.71.

Inflection Point Acquisition Stock Up 0.7%

The business has a 50 day simple moving average of $9.55 and a 200-day simple moving average of $13.18.

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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