Why Viking Therapeutics Stock Soared by Nearly 21% on Thursday
Viking Therapeutics(VKTX) The Motley Fool·2024-10-24 20:55The company provided clear evidence that it has plenty of resources to continue developing a potential blockbuster drug.Viking Therapeutics (VKTX 21.25%) was an outlier on the stock exchange Thursday, in the best way possible. Within its latest earnings release, the biotech had some encouraging news to report, and investors rewarded the company by sending its share price up by more than 21%. With that giant gain, the stock absolutely crushed the S&P 500 index, which only inched up by 0.2%.Third-quarter resu ...