Viking Therapeutics gains amid renewed takeover speculation [Seeking Alpha]
Viking Therapeutics, Inc. (VKTX)
Last viking therapeutics, inc. earnings: 4/30 04:05 pm
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Source: Seeking Alpha
Eli Lilly ( LLY ) is speculated to be one of the companies pursuing a takeover of Viking Therapeutics ( VKTX ), according to a Betaville "uncooked" alert. The latest speculation comes after Betaville first released a report in late January that Viking ( VKTX has received interest from an unidentified suitor. Past reports have speculated that Pfizer ( PFE ) may be a possible suitor. The January report came after Viking ( VKTX ) shares had already skyrocketed 86% amid takeover speculation after Roche ( OTCQX:RHHBY ) agreed to acquire peer obesity drugmaker Carmot Therapeutics in an up-to-$3.1 billion deal. Viking stock jumped 33% in two days in the wake of the Carmot news. Viking ( VKTX ), like its peer Carmot, has a dual GLP-1/GIP agonist drug candidate agonist in development for the potential treatment of various metabolic disorders, such as obesity. In October, the company reported promising data from a Phase 1 trial evaluating VK2735. After 28 days of once-weekly VK2735, li
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VKTX
News
- Eli Lilly loses $120B in value over Viking's GLP-1 progress [Yahoo! Finance Canada]Yahoo! Finance Canada
- Watch These Eli Lilly Stock Price Levels as Weight-Loss Drug Competition Rises [Yahoo! Finance]Yahoo! Finance
- Viking Therapeutics, Inc. (NASDAQ: VKTX) had its price target raised by analysts at Raymond James from $116.00 to $118.00. They now have a "strong-buy" rating on the stock.MarketBeat
- Hasbro, UMG, Keurig DrPepper: Earnings in review Viking Therapeutics weight-loss drug moves to Phase 3 trial US GDP growth proves economy 'still robust' in Q2: Economist Chip stock sell-off opens door for long-term plays: Analyst Unilever & Nestle resulAcquire Media Monitor
- Inside JD Vance's Short-Lived Career as a Venture Capitalist [Yahoo! Finance]Yahoo! Finance
VKTX
Earnings
- 7/24/24 - Beat
VKTX
Sec Filings
- 7/24/24 - Form 10-Q
- 7/24/24 - Form 8-K
- 6/4/24 - Form 8-K
- VKTX's page on the SEC website