Inovio (INO) Surges 6.8%: Is This an Indication of Further Gains?

Inovio Pharmaceuticals (INO) shares soared 6.8% in the last trading session to close at $5.69. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 16.9% loss over the past four weeks. The stock price rally can be attributed to positive investor mindset regarding the potential of Inovio's novel pipeline of DNA medicine candidates being developed for HPV-related diseases, immune-oncology and infectious diseases, across various stages o ...