In common with many other small-cap biotech stocks, Viking Therapeutics‘ (VKTX +7.73%) share price tends to be volatile as investors react to the ebb and flow of news from the company. Today was an up day with the stock rising more than 10% by 12:30 p.m. ET.
Why Viking Therapeutics’ stock soared
The move comes on the day the company released its third-quarter earnings report and updated the market on the progress of its clinical trials.
Today’s Change
(7.73%) $2.43
Current Price
$33.85
Key Data Points
Market Cap
$4B
Day’s Range
$33.24 – $36.08
52wk Range
$18.92 – $81.73
Volume
401K
Avg Vol
6.5M
Gross Margin
0.00%
Dividend Yield
N/A
The company’s lead drug candidate, VK2735 (obesity), is being…
