Viking Surges 342% in the Past Year: How Should You Play the Stock?
VKTXViking Therapeutics(VKTX) ZACKS·2024-09-03 22:46

Shares of Viking Therapeutics (VKTX) have more than tripled in market value in the past year. The upside was triggered by positive updates on its pipeline programs for obesity and non-alcoholic steatohepatitis (NASH) indications.Based on the encouraging results, management intends to meet with the FDA to discuss the late-stage study design and timings for both programs.In the past year, the stock has significantly outperformed the industry’s 2.5% decline. The stock has outperformed the sector and the S&P 50 ...