Inovio Spokesperson Comments on Today's Price Moves, Says Investors Accumulating Based on Valuation

Hertel adds, "with our valuation at what we consider to be an artificially low level (the selling did not arise because of fundamental missteps at Inovio; in fact, we have consistently reported positive data over the last 1 ½ years), I would think that with the end of tax loss selling imminent there are many Inovio enthusiasts that are accumulating shares in anticipation of there possibly being an imbalance in the market in favor of the demand side once the new year starts."