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Nasdaq Shrugs Off Uncertainty as Piedmont Lithium Soars on Tesla Deal; Inovio Plunges on Clinical Halt

Dan Caplinger, The Motley Fool
·3-min read
Nasdaq Shrugs Off Uncertainty as Piedmont Lithium Soars on Tesla Deal; Inovio Plunges on Clinical Halt

The Nasdaq Composite (NASDAQINDEX: ^IXIC) has gone through a correction over the past month, with investors facing an uncertain future. Just about everything Tesla (NASDAQ: TSLA) has touched lately turns to gold, and that was the case for Australian company Piedmont Lithium (NASDAQ: PLL). Unfortunately, the news wasn't as good for Inovio Pharmaceuticals (NASDAQ: INO), which got some bad news that sent its stock sliding.

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