Inflection Point Acquisition (NASDAQ:IPAX) Sets New 12-Month High – Here’s Why

Inflection Point Acquisition Corp. (NASDAQ:IPAXGet Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as $12.96 and last traded at $12.93, with a volume of 13817106 shares traded. The stock had previously closed at $11.69.

Inflection Point Acquisition Trading Up 10.7 %

The business’s fifty day simple moving average is $10.29 and its 200 day simple moving average is $6.83.

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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