3 Things Inovio Stock Bulls Need to Happen Soon

The biotech industry has been red-hot lately, especially among those companies that are frantically searching for products to help in the fight against the COVID-19 pandemic. Shares of Inovio Pharmaceuticals (NASDAQ: INO) have vaulted higher as investors hope that the company will be able to develop a vaccine against the coronavirus.

Inovio's stock has been extremely volatile, and although it's up more than 550% so far in 2020, it's seen huge swings in both directions and has lost almost a third of its value in just over a week. With so much uncertainty about COVID-19, it's not surprising to see so many ups and downs in Inovio shares. Here, we'll look more closely at three things that those who are bullish about Inovio need to happen in the near future to justify the stock's huge gains.

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Source Fool.com