Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Stock Price Up 0.1%

Inflection Point Acquisition Corp. II (NASDAQ:IPXX) rose 0.1% during mid-day trading on Friday . The stock traded as high as $10.53 and last traded at $10.53. Approximately 55,054 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 77,364 shares. The stock had previously closed at $10.52.

Inflection Point Acquisition Corp. II Stock Performance

The business’s 50 day moving average price is $10.48 and its 200 day moving average price is $10.38.

Institutional Investors Weigh In On Inflection Point Acquisition Corp. II

A number of hedge funds have recently modified their holdings of IPXX. Robinson Capital Management LLC acquired a new position in shares of Inflection Point Acquisition Corp. II during the 3rd quarter worth approximately $102,000. K2 Principal Fund L.P. acquired a new position in shares of Inflection Point Acquisition Corp. II during the 3rd quarter valued at about $141,000. Firethorn Wealth Partners LLC purchased a new stake in shares of Inflection Point Acquisition Corp. II in the fourth quarter valued at about $201,000. TrueMark Investments LLC acquired a new stake in Inflection Point Acquisition Corp. II during the fourth quarter worth about $241,000. Finally, Schechter Investment Advisors LLC purchased a new stake in shares of Inflection Point Acquisition Corp. II in the 3rd quarter valued at approximately $315,000.

Inflection Point Acquisition Corp. II Company Profile

Inflection Point Acquisition Corp. II 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. The company was incorporated in 2023 and is based in New York, New York.