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Inovio
Inovio shares tumble as RBC downgrades stock, but analysts still believe in the technology
Shares of biotech Inovio Pharmaceuticals Inc. fell more than 20% Friday, as analysts weighed in on the company’s latest earnings and RBC downgraded the stock on valuation grounds. The Plymouth Meeting, Pa.–based company has seen its stock INO, -23.31% soar more than 180% this year, as the company announced that it’s developing a vaccine called …