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Viking Therapeutics, Inc. (VKTX) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-09-27 22:51
In the latest market close, Viking Therapeutics, Inc. (VKTX) reached $61.68, with a -1.03% movement compared to the previous day. The stock's performance was behind the S&P 500's daily loss of 0.13%. Meanwhile, the Dow gained 0.33%, and the Nasdaq, a tech-heavy index, lost 0.39%. Shares of the company witnessed a loss of 0.53% over the previous month, beating the performance of the Medical sector with its loss of 2.05% and underperforming the S&P 500's gain of 2.43%. Investors will be eagerly watching for t ...
Is Viking Therapeutics Ready For Another Surge?
MarketBeat· 2024-09-27 11:30
Viking Therapeutics NASDAQ: VKTX has captured the attention of investors, with its stock price skyrocketing over 400% in one year. This remarkable performance stems from the company's promising clinical trial results for VK2735, an investigational weight loss drug that has demonstrated promising efficacy in oral and injectable forms. Viking Therapeutics Today VKTX Viking Therapeutics $62.32 -0.81 (-1.28%) 52-Week Range $8.28 ▼ $99.41 Price Target $108.60 Add to Watchlist The company is expected to report it ...
Viking Therapeutics, Inc. (VKTX) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-09-25 22:55
In the latest market close, Viking Therapeutics, Inc. (VKTX) reached $63.13, with a +1.94% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.19%. Meanwhile, the Dow experienced a drop of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.04%. Shares of the company have appreciated by 0.85% over the course of the past month, outperforming the Medical sector's loss of 1.58% and lagging the S&P 500's gain of 1.95%. Analysts and investors alike ...
Why Viking Therapeutics Stock Was So Healthy on Wednesday
The Motley Fool· 2024-09-25 22:08
Hardly for the first time, a pundit following the company waxed bullish on its future. Viking Therapeutics (VKTX 1.94%), a biotech stock that has rocketed to prominence thanks to one of its investigational drugs, gave investors more reason to like it on Wednesday. The company's share price rose by almost 2% following an analyst's bullish new research note; that increase stood in positive contrast to the 0.2% decline of the S&P 500 index. Weight loss drug in the spotlight The author of that note was Oppenhei ...
Viking Therapeutics Is A Buy For Some Investors, But Beware The Sizeable Risks
Seeking Alpha· 2024-09-25 21:18
Like some other analysts, I believe that, due to the strong efficacy of Viking Therapeutics, Inc. (NASDAQ: VKTX ) weight-loss drug, VK2735, the company will probably eventually be acquired by a large pharmaceutical firm. But I think (after conducting extensive Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I a ...
Viking Therapeutics Is Having a Year to Remember: Time to Buy?
MarketBeat· 2024-09-19 11:45
Viking Therapeutics Today VKTX Viking Therapeutics $64.45 +1.51 (+2.40%) 52-Week Range $8.28 ▼ $99.41 Price Target $108.60 Add to Watchlist Viking Therapeutics Inc. NASDAQ: VKTX, a clinical-stage biotechnology company with a market cap approaching $7 billion, is turning heads in 2024. Year to date, the stock has surged an impressive 238%, and its rise over the past 12 months has been even more dramatic, with shares climbing 326%. For a mid-cap biotech, these kinds of gains significantly outpace both the bro ...
Viking Therapeutics, Inc. (VKTX) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-09-16 22:57
Viking Therapeutics, Inc. (VKTX) ended the recent trading session at $67.10, demonstrating a +0.55% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.13% for the day. On the other hand, the Dow registered a gain of 0.55%, and the technology-centric Nasdaq decreased by 0.52%. Shares of the company witnessed a gain of 17.67% over the previous month, beating the performance of the Medical sector with its gain of 3.34% and the S&P 500's gain of 3.67%. The ...
Why Investors Plowed Into Viking Therapeutics Stock Today
The Motley Fool· 2024-09-12 23:12
The company is looking especially good after some bad news coming from a rival. For the second day in a row, a pundit's take on Viking Therapeutics (VKTX 3.25%) helped push the biotech's share price higher. It was this rather than inherent news from the company that added more than 3% to said price, a gain that handily beat the S&P 500 index's 0.8% increase. Thumbs-up from bullish pundit The latest analyst to weigh in on Viking's prospects was Morgan Stanley's Michael Ulz, who early Thursday morning publish ...
Is Viking Therapeutics (VKTX) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-09-12 14:31
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Viking Therapeutics, Inc. (VKTX) . Viking Therapeutics currently ...
Why Viking Therapeutics Stock Rocked the Market Today
The Motley Fool· 2024-09-11 21:08
The biotech continued to get attention from both pundits and investors, thanks largely to its investigational obesity drug. Viking Therapeutics (VKTX 11.31%) stormed the stock market on Wednesday. Shares of the up-and-coming biotech rose by more than 11% not on any proprietary news from the company, but on an analyst's initiation of coverage. That performance was more than enough to top the trajectory of the bellwether S&P 500 index, which rose by slightly over 1% on the day. 32% upside potential, analyst b ...