Summary: Inovio Pharmaceuticals is an American biotechnology company focused on synthetic DNA products and cancer treatments. In this guide, you will learn how to buy Inovio Pharmaceuticals stock on an online stock trading platform such as eToro.
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About Inovio Pharmaceuticals
Inovio Pharmaceuticals (NASDAQ: INO) is an American biotechnology firm focused on synthetic DNA solutions for combating cancer and infectious diseases. The company also came to prominence as one of the institutions and research centers striving to develop a vaccine against COVID-19.
How to buy Inovio Pharmaceuticals stock: step-by-step
You can buy shares in Inovio Pharmaceuticals through an online investing service in a few simple steps:
- Find a broker: Find a brokerage platform that lists INO shares;
- Register and fund your account;
- Place a trade: Find the desired stock on the broker’s platform and place a trade;
- Monitor your investment.
Step 1: Choose a broker
To access the stock market and buy Inovio Pharmaceuticals stock, you will need a reliable brokerage platform. The most straightforward method is to use a reputable online brokerage.
To securely buy Inovio Pharmaceuticals stock safely, we recommend you consider eToro, a leading investment platform with features such as:
- Commission-free stock and ETF trading;
- 2,000+ stocks from 17 exchanges;
- Fractional shares available;
- Charting tools;
- User-friendly platform.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
Step 2: Open and fund your account
Once you have found a brokerage, you can register and verify an account. The investing platform will provide precise instructions, but be ready to upload a personal ID document to confirm your identity.
Then, you can deposit funds into your new account. Available funding methods typically include bank transfers, debit or credit cards, and transaction services like PayPal.
Step 3: Place your order
Next, you should place an order and buy Inovio Pharmaceuticals stocks:
- Step 1: Log into your brokerage and find Inovio Pharmaceuticals’ ticker symbol INO;
- Step 2: Type in the dollar amount or the number of shares you want to buy;
- Step 3: Select the order type (market order or limit order);
- Step 4: Confirm the trade order.
Step 4: Monitor your investment
With Inovio Pharmaceuticals shares in your portfolio, it’s essential to diligently track your investment’s performance. That involves staying updated on the shifting dynamics within the biotech sector and the progress in biotechnology. Such vigilance will empower you to formulate more precise forecasts concerning INO stock price fluctuations.
Furthermore, it’s prudent to diversify your portfolio by investing in other assets. This strategy mitigates reliance on the performance of a single financial instrument.
If the time to do so comes and analysts come to agree it’s time to sell INO shares, be ready to do so.
Disclaimer: TradingView does not recommend trading financial instruments based exclusively on the advice of the Technical Rating indicator. These recommendations cannot predict future movements and are meant as assistance for spotting potentially favorable buy/sell conditions if this is consistent with their strategy.
Inovio Pharmaceuticals stock price today
Common mistakes to avoid when investing
To make sure your investment is fruitful, try to avoid some common investing mistakes, such as:
- Lack of research: Research the company and trends in the industry before investing;
- Lack of clear strategy: Set clear and realistic goals before spending any money;
- Not diversifying: Always diversify your portfolio by investing in various assets;
- Falling for scams: Avoid suspicious platforms and deals that seem too good to be true.
Pros and cons of investing in Inovio Pharmaceuticals
Pros
- It can give you a sense of satisfaction: Investing in companies battling cancer can give ethically conscious investors a sense of satisfaction;
- Innovation: Investing in companies poised to develop new cancer treatments can lead to profits if they manage to be innovative;
- High Growth potential: Successful biotech companies enjoy substantial returns, especially if they develop a groundbreaking drug.
Cons
- Volatility: The biotech industry can be highly volatile as developing new drugs is incredibly expensive:
- A lot of competition: The biotech industry is driven by competition, with so many companies trying to develop new treatments;
- Government contract loss: The company lost its government contract;
- Lack of marketable products: Unlike some of its competitors, Inovio does not have many marketable products, focusing on research instead.
- No dividends: The company does not pay dividends.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy Inovio Pharmaceuticals stock
Is Inovio Pharmaceuticals a public company?
Inovio Pharmaceuticals is a public company trading on NASDAQ under the ticker symbol INO.
What's Inovio Pharmaceuticals’' stock symbol?
The Inovio Pharmaceuticals stock symbol is INO.
How do I buy Inovio Pharmaceuticals stock?
To buy Inovio Pharmaceuticals stock, register an account with an investing platform such as eToro.
Where can I buy Inovio Pharmaceuticals stock online?
Investors can buy Inovio Pharmaceuticals stock on a brokerage platform like eToro.
Does Inovio Pharmaceuticals pay a dividend?
Inovio Pharmaceuticals does not pay dividends.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
