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-0.000717102904266747 0.00125493008246684 -0.00394406597346717 -0.000717102904266747 0.000717102904266747 0.00286841161706712 0.00322696306920043 0.00322696306920043
Stock impact report

Down 65% From Its 52-Week High, Is Viking Therapeutics Stock a Bargain Buy? [Yahoo! Finance]

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: Yahoo! Finance
It has demonstrated encouraging results in clinical trials; however, it isn't approved just yet. While the optimism surrounding the drug made Viking's stock a hot buy early last year, things have drastically cooled over the past six months during which it has plummeted more than 50%. As a result, the stock is now down 65% from its 52-week high of $89.10. Is this a good time to buy shares of Viking Therapeutics, or could more of a decline be coming this year? Making a bullish case for Viking Therapeutics stock isn't difficult. VK2735 has helped participants in a phase 2 trial lose around 15% of their body weight -- and that's without a plateau observed, meaning that even higher weight loss is possible. That was over the course of just a 13-week study; over a longer time frame, it may perform even better. However, even at 15%, if those results hold up for the long term, that can make the drug a formidable alternative to other GLP-1 injections. A phase 3 trial is planned later this Show less Read more
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