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Inovio (INO) Stock Slumps After Mixed Q2 Results

NEW YORK (TheStreet) -- Shares of Inovio Pharmaceuticals (INO) were sliding 5.48% to $9.31 on heavy trading volume late Monday afternoon after the company posted a wider-than-anticipated loss for the 2016 second quarter.

Before today's opening bell, the San Diego-based biopharmaceutical company reported a net loss of 26 cents per share, while analysts were expecting a loss of 21 cents per share.

Revenue for the period was $6.2 million, above Wall Street's estimates of $4.95...