Inovio Pharmaceuticals Inc. shares tumbled 22% Tuesday, a day after the company reported a broader-than-expected second-quarter loss and offered a limited update on its COVID-19 vaccine candidate that is currently in clinical trials. The stock INO, -22.88% is still up 343% year-on-year after winning early in the coronavirus pandemic in …
Read More »Inovio shares tumble as analysts say COVID-19 vaccine update leaves more questions than answers
Inovio Pharmaceuticals Inc. shares tumbled 22% Tuesday, a day after the company reported a broader-than-expected second-quarter loss and offered a limited update on its COVID-19 vaccine candidate that is currently in clinical trials. The front INO is still up 343% year-on-year after winning early in the coronavirus pandemic in hopes …
Read More »Dow up more than 300 points as investors settled stocks, S&P 500 close all the time
Shares rose Tuesday, with cyclical shares continuing to outpace earlier high-flying tech shares, while the S&P 500 neared its all-time closing high from February, almost completing a round of its pandemic-induced plunge earlier this year . What do large indices do? The Dow Jones Industrial Average DJIA, + 1.03% rose …
Read More »JPMorgan’s Dimon says there will be some economical ‘scar tissue’ from coronavirus
“ ‘We are in a recession, but you will have a delayed effect to see the normal effects of recession.’ ” – Jamie Dimon, CEO of JPMorgan Chase & Co. That’s Jamie Dimon, CEO of JPMorgan Chase & Co. offering its views on the outlook for the economy in the …
Read More »COVID-19 infections hit exactly 20 million worldwide – why the actual number of cases is likely to be much higher
The coronavirus pandemic hit another unwelcome milestone Tuesday morning as the number of COVID-19 infections worldwide hit 20,092,855, according to the latest data collected by Johns Hopkins University’s Center for Systems Science and Engineering. But the actual number of cases in both the U.S. and worldwide is likely to be …
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