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Why Inovio Pharmaceuticals Stock Is Bouncing Back Today

TheMotleyFool

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Why Inovio Pharmaceuticals Stock Is Bouncing Back TodayPhoto, wide shot, wide-angle lens, Clinical research organization, sunset photo at golden hour, photo by Peter Lik: https://img.midjourneyapi.xyz/temp/02f7778c-d723-4fb3-bdef-fabb7e5fc9c8.png

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.

Image source: Getty Images.

Source Fool.com

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