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

Inflection Point Acquisition Corp. II (NASDAQ:IPXX)’s stock price traded up 1% during trading on Thursday . The company traded as high as $11.35 and last traded at $11.16. 9,622 shares traded hands during 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 Trading Down 0.6 %

The business has a fifty day simple moving average of $12.04 and a 200 day simple moving average of $11.29.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Geode Capital Management LLC lifted its holdings in Inflection Point Acquisition Corp. II by 62.4% during the 3rd quarter. Geode Capital Management LLC now owns 24,962 shares of the company’s stock worth $268,000 after buying an additional 9,596 shares during the last quarter. Berkley W R Corp raised its position in shares of Inflection Point Acquisition Corp. II by 10.0% during the 3rd quarter. Berkley W R Corp now owns 1,205,131 shares of the company’s stock worth $12,955,000 after purchasing an additional 109,450 shares during the period. Westchester Capital Management LLC raised its position in shares of Inflection Point Acquisition Corp. II by 7.6% during the 3rd quarter. Westchester Capital Management LLC now owns 2,467,793 shares of the company’s stock worth $26,504,000 after purchasing an additional 175,000 shares during the period. Centiva Capital LP raised its position in shares of Inflection Point Acquisition Corp. II by 153.9% during the 3rd quarter. Centiva Capital LP now owns 634,645 shares of the company’s stock worth $6,816,000 after purchasing an additional 384,645 shares during the period. Finally, Wolverine Asset Management LLC raised its position in shares of Inflection Point Acquisition Corp. II by 111.7% during the 3rd quarter. Wolverine Asset Management LLC now owns 979,917 shares of the company’s stock worth $10,534,000 after purchasing an additional 517,067 shares during the period.

About Inflection Point Acquisition Corp. II

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.