3 Coronavirus Stocks That Soared Last Week

While the rest of the stock market tumbled in response to spreading coronavirus concerns, shares of Inovio Pharmaceuticals (NASDAQ: INO), Novavax (NASDAQ: NVAX), and Co-Diagnostics (NASDAQ: CODX) went soaring skyward during the week ended Feb. 28. All three of these biotechs are developing tests and vaccines that could eventually be used to protect billions of people from potentially fatal COVID-19 infections.

Despite developing products that the world is clamoring for, these are extremely risky stocks to buy right now. Are any of them worth the risk at the moment?

Image source: Getty Images.

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Source Fool.com