Why Inovio Pharmaceuticals Is Soaring Today
Shares of Inovio Pharmaceuticals (NASDAQ: INO), a highly volatile "coronavirus stock," surged as much as 36% in early trading on Friday. Shares were up about 25% as of 11:33 a.m. EST.
There doesn't appear to have been any company-specific news to justify the huge rally. However, President Trump did sign an $8.3 billion emergency bill to fund efforts to combat the coronavirus Friday morning.
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Source Fool.com
