InterPrivate II Acquisition (NYSEARCA:IPVA) Shares Up 0.1% – Here’s Why

InterPrivate II Acquisition Corp. (NYSEARCA:IPVAGet Free Report)’s stock price rose 0.1% during mid-day trading on Monday . The company traded as high as $8.88 and last traded at $8.81. Approximately 10,000 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 42,737 shares. The stock had previously closed at $8.80.

InterPrivate II Acquisition Stock Performance

The company has a 50 day moving average price of $4.31 and a 200 day moving average price of $1.77.

InterPrivate II Acquisition Company Profile

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InterPrivate II Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the auto-tech and mobility, business services, consumer, retail, e-commerce, industrial technology sectors.

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