What You Need to Know From Inovio Pharmaceuticals' Q3 Update
Inovio Pharmaceuticals (NASDAQ: INO) continues to take investors on a roller coaster ride. The biotech stock was up close to 25% by late May, only to give up all of those gains and then some. A dilutive stock offering in July zapped all the momentum that Inovio had. The stock is now down nearly 30% year to date.
The company announced its third-quarter performance after the market closed on Wednesday. Was there anything in the update to give investors more confidence?
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Source: Fool.com
Inovio Pharma Stock
€0.53
-2.240%
The sentiment is rather negative at the moment with 6 Sell predictions and 2 Buy predictions.
On the other hand, the target price of 11 € is above the current price of 0.53 € for Inovio Pharma, so the potential is actually 1967.67%.
