Inovio Pharmaceuticals Inc. shares outperform market on strong trading day

Shares of Inovio Pharmaceuticals Inc. INO,
+ 11.50%
jumped 11.5% to $ 15.37 on Wednesday, in what proved to be a fully mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA,
+ 0.29%
increasing 0.29% to 31,613.02 and the NASDAQ Composite Index COMP,
-0.58%
falling 0.58% to 13,965.49. Inovio Pharmaceuticals Inc. closed $ 18.43 short of its 52-week high ($ 33.79), which the company reached on June 26.

The stock surpassed some of its competitors on Wednesday, such as AbbVie Inc. ABBV,
+ 2.01%
rose 2.01% to $ 106.29, Amgen Inc. AMGN,
+ 1.19%
rose 1.19% to $ 235.61, and AstraZeneca PLC ADR AZN,
+ 1.10%
rose 1.10% to $ 51.45. Turnover (17.2 M) exceeded its average 50-day volume of 15.9 M.