Inflection Point Acquisition (NASDAQ:IPAX) Trading 13.3% Higher – Should You Buy?

Inflection Point Acquisition Corp. (NASDAQ:IPAXGet Free Report)’s share price traded up 13.3% during trading on Monday . The company traded as high as $22.12 and last traded at $21.89. 22,211,243 shares were traded during mid-day trading, an increase of 7,897% from the average session volume of 277,739 shares. The stock had previously closed at $19.32.

Inflection Point Acquisition Stock Up 13.3 %

The firm has a fifty day simple moving average of $12.88 and a two-hundred day simple moving average of $8.13.

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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