DJ Inovio Pharmaceuticals Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Inovio Pharmaceuticals Inc. $(INO)$ cratered 38.30% to $2.32 Friday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index rising 0.12% to 19,926.72 and the Dow Jones Industrial Average falling 0.20% to 43,828.06.
This was the stock's second consecutive day of losses.
Inovio Pharmaceuticals Inc. closed $12.43 below its 52-week high ($14.75), which the company achieved on April 1st.
The stock underperformed when compared to some of its competitors Friday, as Johnson & Johnson $(JNJ)$ rose 0.26% to $146.62, Statera Biopharma Inc. (STAB) remained unchanged, and Pfizer Inc. $(PFE)$ rose 0.83% to $25.58.
Trading volume (9.3 M) eclipsed its 50-day average volume of 395,784.
Data source: Dow Jones Market Data, FactSet. Data compiled December 13, 2024.
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(END) Dow Jones Newswires
December 13, 2024 17:24 ET (22:24 GMT)
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