Inflection Point Acquisition Corp. (NASDAQ:IPAX – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $12.96 and last traded at $12.93, with a volume of 13817106 shares changing hands. The stock had previously closed at $11.69.
Inflection Point Acquisition Stock Performance
The company has a 50 day moving average price of $10.40 and a 200 day moving average price of $6.88.
Inflection Point Acquisition Company Profile
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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