Healthcare Losers: Inovio Pharmaceuticals Inc (NYSEMKT:INO), Imprimis Pharmaceuticals Inc (NASDAQ:IMMY), Evoke Pharma Inc (NASDAQ:EVOK), Cerulean Pharma Inc (NASDAQ:CERU)
On Friday, Inovio Pharmaceuticals Inc (NYSEMKT:INO) announced that its shareholders had approved 1-for-4 reverse stock split of company common stock. Company shares sank more than 5% in morning trading. The company said that the effective date of the reverse stock split would be disclosed at a future date after The company complies with “standard NYSE administrative processes.” The company stock performance was -9.09% in last … Continue reading Healthcare Losers: Inovio Pharmaceuticals Inc (NYSEMKT:INO), Imprimis Pharmaceuticals Inc (NASDAQ:IMMY), Evoke Pharma Inc (NASDAQ:EVOK), Cerulean Pharma Inc (NASDAQ:CERU)