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-0.00179372197309413 -0.00179372197309413 -0.00179372197309413 -0.00179372197309413 -0.00896860986547082 -0.0143497757847534 -0.000896860986547066 -0.00807174887892375
Stock impact report

Here's Why Viking Therapeutics Rose as Much as 14.9% Today [The Motley Fool]

Viking Therapeutics, Inc. (VKTX) 
Last viking therapeutics, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.vikingtherapeutics.com
Company Research Source: The Motley Fool
The clinical-stage biopharma is on a tear in recent weeks. Maxx Chatsko ( TMFBlacknGold ) Jun 13, 2018 at 4:03PM What happened Shares of development-stage biopharma Viking Therapeutics ( NASDAQ:VKTX ) jumped nearly 15% today because, well, that's become the new normal for the stock lately. Investors have been quick to hand the company a higher market cap since late May following two positive events concerning a high-priority research area of its pipeline. There's a catch, though: Both of those news items have been external developments, not involving the company directly. Nonetheless, this week management wisely took advantage of a higher stock price to conduct a share offering that provided gross proceeds of $77.6 million. That's nearly double the cash balance of $36.3 million reported by the pre-revenue biopharma at the end of March -- and it'l Show less Read more
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