Moore Capital Management LP purchased a new position in Inflection Point Acquisition Corp. VI (NASDAQ:IPFX – Free Report) in the second quarter, HoldingsChannel reports. The fund purchased 50,000 shares of the company’s stock, valued at approximately $517,000.
Inflection Point Acquisition Corp. VI Trading Down 0.1%
Shares of IPFX opened at $10.10 on Wednesday. The stock’s fifty day moving average price is $10.17. Inflection Point Acquisition Corp. VI has a 12-month low of $9.95 and a 12-month high of $11.02.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings assumed coverage on shares of Inflection Point Acquisition Corp. VI in a research report on Thursday, August 20th. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.
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Want to see what other hedge funds are holding IPFX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Inflection Point Acquisition Corp. VI (NASDAQ:IPFX – Free Report).
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