Inovio: Valuation and Volatility Keep This Analyst Sidelined

2020 is turning out to be a tale of two halves for Inovio Pharmaceuticals (INO).The vaccine maker’s valuation increased 10-fold between January and early July, backed by vigorous coronavirus tailwinds. As one of several companies taking the fight to COVID-19, investors cheered the early development of its COVID-19 DNA vaccine candidate, INO-4800.However, sentiment has soured recently, as analysts and investors have questioned whether Inovio’s offering can go the distance against its weightier rivals. Over the past month, the share price has declined by 30%.As a company with no product to sell (Inovio’s candidates are all still in development), investors’ focus …read more

Source:: Yahoo Finance

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