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Tuesday, 07/14/2020 6:52:26 AM

Tuesday, July 14, 2020 6:52:26 AM

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INO Stock Could Receive Operation Warp Speed Funding Soon

https://www.nasdaq.com/articles/ino-stock-could-receive-operation-warp-speed-funding-soon-2020-07-10

INO Shares Might Rise to Warp Speed

The federal government’s largest expenditure in Operation Warp Speed thus far has been its bet on Novavax. The government’s $1.6 billion bet is a clear indication that unproven biotech companies are a pillar of its Covid-19 strategy.

Signs certainly point to a possible Operation Warp Speed funding announcement of Inovio in the coming weeks. Despite the market’s tepid reception of Inovio’s June news, there are signs of something big coming. The company is scrambling and aligning a coherent strategy in this volatile environment. Investors can also assume that a government funding deal is being discussed.

Is INO Stock a Buy?

INO stock is absolutely a hold and given all of the signs, one to consider as a Covid-19 play. Inovio has huge upside.

The more I read about this stock the more I feel like investors are going to only regret not buying it. However, this is all speculation. Inovio could certainly strike out in regards to INO-4800. The company, however, has many other products in its pipeline and I can’t help but feel like it’s headed somewhere positive.
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