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Iovance Biotherapeutics (IOVA) News Today

Iovance Biotherapeutics logo
$1.91 +0.08 (+4.37%)
As of 05/20/2025 04:00 PM Eastern

Why is Iovance Biotherapeutics Up Today?

Iovance Biotherapeutics, Inc. (NASDAQ: IOVA) shares have come under pressure as a wave of securities class actions and investor alerts has been filed against the company, while one institutional investor has added to its stake.

  • Legal filings: Over a dozen law firms—including Levi & Korsinsky, Scott+Scott, Rosen, Bleichmar Fonti & Auld, Pomerantz, Bronstein Gewirtz & Grossman, The Gross Law Firm, Kahn Swick & Foti and others—have announced or filed suits alleging securities law violations during a class period from May 9, 2024 to May 8, 2025.
  • Allegations: Plaintiffs claim Iovance misled investors about trial results or business prospects, contributing to a roughly 44% share decline that triggered the litigation.
  • Deadlines: Investors who suffered losses are being urged to file lead plaintiff motions or join the class action by July 14, 2025, creating an overhang of potential liability.
  • Institutional buying: Man Group plc disclosed in an SEC filing that it acquired approximately 2.4 million IOVA shares in Q4, signaling some confidence from a large asset manager despite the legal cloud.

While the fresh stake reported by Man Group offers some offset, the proliferation of class action notices and the looming litigation deadline remain the key factors weighing on IOVA’s stock performance.

Posted 4h agoAI generated

IOVA Latest News

Deadline Alert: Iovance Biotherapeutics, Inc. ...
Iovance Biotherapeutics, Inc. stock logo
Man Group plc Acquires New Holdings in Iovance Biotherapeutics, Inc. (NASDAQ:IOVA)
Man Group plc acquired a new stake in shares of Iovance Biotherapeutics, Inc. (NASDAQ:IOVA - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 2,414,996 shares of the biotechnology company's s
Iovance Biotherapeutics, Inc. stock logo
Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) Shares Acquired by Ensign Peak Advisors Inc
Ensign Peak Advisors Inc increased its position in Iovance Biotherapeutics, Inc. (NASDAQ:IOVA - Free Report) by 673.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 577,265 shares of the biotechnology company's stock after purchasing
Iovance Biotherapeutics, Inc. stock logo
MPM Bioimpact LLC Has $19.79 Million Position in Iovance Biotherapeutics, Inc. (NASDAQ:IOVA)
MPM Bioimpact LLC boosted its holdings in Iovance Biotherapeutics, Inc. (NASDAQ:IOVA - Free Report) by 11.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,673,905 shares of the biotechnology company's stock after acquiri
Iovance Biotherapeutics, Inc. stock logo
Northern Trust Corp Increases Stock Position in Iovance Biotherapeutics, Inc. (NASDAQ:IOVA)
Northern Trust Corp grew its position in shares of Iovance Biotherapeutics, Inc. (NASDAQ:IOVA - Free Report) by 7.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,414,807 shares of the biotechnology comp
Iovance Biotherapeutics, Inc. stock logo
Iovance Biotherapeutics (NASDAQ:IOVA) Stock Price Down 5.4% Following Analyst Downgrade
Iovance Biotherapeutics (NASDAQ:IOVA) Trading Down 5.4% After Analyst Downgrade
Iovance Biotherapeutics, Inc. stock logo
Iovance Biotherapeutics (NASDAQ:IOVA) Sees Strong Trading Volume - What's Next?
Iovance Biotherapeutics (NASDAQ:IOVA) Sees Unusually-High Trading Volume - Here's Why
Iovance Biotherapeutics, Inc. stock logo
Iovance Biotherapeutics (NASDAQ:IOVA) Given New $8.00 Price Target at The Goldman Sachs Group
The Goldman Sachs Group lowered their price objective on shares of Iovance Biotherapeutics from $16.00 to $8.00 and set a "buy" rating for the company in a research note on Monday.
Iovance Biotherapeutics, Inc. stock logo
Mizuho Lowers Iovance Biotherapeutics (NASDAQ:IOVA) Price Target to $10.00
Mizuho dropped their target price on Iovance Biotherapeutics from $30.00 to $10.00 and set an "outperform" rating on the stock in a research report on Monday.
Iovance Biotherapeutics, Inc. stock logo
Barclays Lowers Iovance Biotherapeutics (NASDAQ:IOVA) Price Target to $4.00
Barclays lowered their price target on Iovance Biotherapeutics from $5.00 to $4.00 and set an "overweight" rating for the company in a report on Monday.
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This page (NASDAQ:IOVA) was last updated on 5/21/2025 by MarketBeat.com Staff
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