Inflection Point Acquisition (NASDAQ:IPAX) Sets New 52-Week High – Here’s Why

Shares of Inflection Point Acquisition Corp. (NASDAQ:IPAXGet Free Report) reached a new 52-week high on Thursday . The company traded as high as $14.80 and last traded at $14.00, with a volume of 35483833 shares trading hands. The stock had previously closed at $12.07.

Inflection Point Acquisition Trading Up 8.0 %

The firm has a fifty day moving average price of $8.50 and a two-hundred day moving average price of $6.00.

About Inflection Point Acquisition

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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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