Why Inovio Stock Soared 83% in June

Inovio Pharmaceuticals (NASDAQ: INO) stock skyrocketed 82.7% in June, according to data from S&P Global Market Intelligence. The S&P 500 returned 2% last month.

In July, shares of the coronavirus vaccine developer, however, have given back a chunk of last month's gain: Through Tuesday, July 7, they're down nearly 11%, while the broader market has returned just over 3%. That said, in 2020, they're still up more than 600%, while the S&P has returned negative 1.7% so far this year.

Image source: Getty Images.

Source Fool.com