Inflection Point Acquisition Corp. (NASDAQ:IPAX – Get Free Report) shares were down 3.7% during trading on Monday . The company traded as low as $3.82 and last traded at $3.88. Approximately 2,579,559 shares traded hands during trading, an increase of 829% from the average daily volume of 277,739 shares. The stock had previously closed at $4.03.
Inflection Point Acquisition Stock Performance
The business’s 50 day simple moving average is $5.33 and its 200 day simple moving average is $5.00.
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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