Why Viking Therapeutics Stock Is Skyrocketing Today
VKTXViking Therapeutics(VKTX) The Motley Fool·2024-07-26 00:03

The clinical-stage biopharmaceutical company should soon be closer to potentially launching its first product.Shares of Viking Therapeutics (VKTX 34.18%) were skyrocketing 32.3% as of 11:21 a.m. ET on Thursday. The big gain came after the clinical-stage biopharmaceutical company provided its second-quarter update following the market close on Wednesday.Viking reported no revenue and a net loss of 22.3million,or22.3 million, or 0.20 per share, in Q2. However, the company's financial results weren't the big story in the ...