Inflection Point Acquisition Corp. III’s (IPCX) Sell (E) Rating Reiterated at Weiss Ratings

Inflection Point Acquisition Corp. III (NASDAQ:IPCX)‘s stock had its “sell (e)” rating reissued by equities research analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Separately, Wall Street Zen raised Inflection Point Acquisition Corp. III to a “hold” rating in a report on Sunday, August 17th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Inflection Point Acquisition Corp. III Trading Up 0.2%

Shares of IPCX stock opened at $10.10 on Wednesday. Inflection Point Acquisition Corp. III has a 52-week low of $10.05 and a 52-week high of $10.35.

Hedge Funds Weigh In On Inflection Point Acquisition Corp. III

A hedge fund recently bought a new stake in Inflection Point Acquisition Corp. III stock. Hudson Bay Capital Management LP acquired a new position in shares of Inflection Point Acquisition Corp. III (NASDAQ:IPCX) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 473,000 shares of the company’s stock, valued at approximately $4,848,000. Hudson Bay Capital Management LP owned approximately 1.37% of Inflection Point Acquisition Corp. III at the end of the most recent quarter.

About Inflection Point Acquisition Corp. III

We are a special purpose acquisition company incorporated on January 31, 2024, as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.