Inflection Point Acquisition Corp. II (NASDAQ:IPXX) Trading 1% Higher – What’s Next?

Inflection Point Acquisition Corp. II (NASDAQ:IPXXGet Free Report) shares shot up 1% during trading on Thursday . The stock traded as high as $11.35 and last traded at $11.16. 9,622 shares changed hands during mid-day trading, an increase of 54% from the average session volume of 6,260 shares. The stock had previously closed at $11.05.

Inflection Point Acquisition Corp. II Price Performance

The firm has a 50-day moving average of $12.04 and a 200 day moving average of $11.29.

Institutional Trading of Inflection Point Acquisition Corp. II

Large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC increased its position in Inflection Point Acquisition Corp. II by 62.4% in the 3rd quarter. Geode Capital Management LLC now owns 24,962 shares of the company’s stock valued at $268,000 after acquiring an additional 9,596 shares during the period. Centiva Capital LP increased its position in Inflection Point Acquisition Corp. II by 153.9% in the 3rd quarter. Centiva Capital LP now owns 634,645 shares of the company’s stock valued at $6,816,000 after acquiring an additional 384,645 shares during the period. Newtyn Management LLC acquired a new stake in Inflection Point Acquisition Corp. II in the 4th quarter valued at approximately $8,036,000. Harraden Circle Investments LLC acquired a new stake in Inflection Point Acquisition Corp. II in the 4th quarter valued at approximately $8,036,000. Finally, Decagon Asset Management LLP acquired a new stake in Inflection Point Acquisition Corp. II in the 4th quarter valued at approximately $8,724,000.

Inflection Point Acquisition Corp. II Company Profile

(Get Free Report)

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.

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