Inflection Point Acquisition (NASDAQ:IPAX) Trading Up 1.2% – Still a Buy?

Inflection Point Acquisition Corp. (NASDAQ:IPAXGet Free Report)’s share price traded up 1.2% during trading on Tuesday . The stock traded as high as $8.40 and last traded at $8.32. 6,708,293 shares traded hands during trading, an increase of 2,315% from the average session volume of 277,739 shares. The stock had previously closed at $8.22.

Inflection Point Acquisition Price Performance

The stock’s fifty day moving average is $6.94 and its two-hundred day moving average is $5.46.

About Inflection Point Acquisition

(Get Free Report)

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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