Why Inovio Pharmaceuticals Stock Is Bouncing Back Today
Shares of Inovio Pharmaceuticals (NASDAQ: INO) were bouncing back on Thursday after being clobbered earlier this week. The stock was up 8.5% as of 11:05 a.m. EDT.
Inovio didn't report any new developments. However, it appears that investors believe the sell-off was overdone following the company's announcement on Tuesday of interim results from an early stage clinical study of COVID-19 vaccine candidate INO-4800.
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Source Fool.com