Shares of Inflection Point Acquisition Corp. (NASDAQ:IPAX – Get Free Report) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $12.63 and last traded at $12.42, with a volume of 37283836 shares trading hands. The stock had previously closed at $10.23.
Inflection Point Acquisition Stock Performance
The stock has a 50-day moving average of $8.01 and a 200-day moving average of $5.82.
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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