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
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ir.vikingtherapeutics.com
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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
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VKTX
News
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VKTX
Earnings
- 2/7/24 - In-Line
VKTX
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- VKTX's page on the SEC website