why did IOVA stock move today

IOVA stock experienced a significant movement today, with a closing price of $15.77, marking a 31.09% increase. This notable price surge can be attributed to several factors:

1. Positive Pre-market Trading: IOVA stock saw a substantial gain of 22.19% during pre-market hours. This surge was likely driven by lower trading volume and heightened volatility in the pre-market, which can lead to more significant price swings.

2. Strong Analyst Ratings: The stock has received a strong buy rating from Wall Street analysts, with an overall score of 80 out of 100. This positive sentiment from analysts can attract investors and drive up the stock price.

3. Bullish Sentiment: IOVA has been experiencing a bullish sentiment in the market, as indicated by the InvestorsObserver Stock Sentiment Indicator. This positive sentiment can contribute to increased buying interest and price appreciation.

4. Upcoming Earnings Report: There is anticipation surrounding IOVA's upcoming earnings report, scheduled for release on Friday. Investors may be optimistic about the company's performance and expect strong results, leading to increased buying activity.

5. Industry Ranking: IOVA is ranked near the top of the Biotechnology industry, with an overall rating of 74. This high ranking suggests that the stock is performing well compared to its peers in the industry.

In summary, today's significant movement in IOVA stock can be attributed to positive pre-market trading, strong analyst ratings, bullish market sentiment, anticipation of the upcoming earnings report, and its high industry ranking. These factors collectively contributed to the stock's notable price surge.