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Stock impact report

Billionaires Are Buying Viking Therapeutics Stock Left and Right. Should You Follow Their Lead? [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
Predictions vary, but the average analyst who follows the stock thinks it can rise 98% from recent prices. Investment bank analysts aren't the only folks on Wall Street who think the clinical-stage biopharma has a bright future. In the second quarter, billionaire money manager Jeff Yass increased the stake that his Susquehanna International Group has in Viking by about 1.1 million shares. Another billionaire fund manager, Israel Englander, bought about 326,000 shares for his Millennium Management fund. Is now a good time to follow these billionaires and buy some Viking Therapeutics stock? Let's weigh the opportunities in front of the company against some of the risks it presents to investors. A Why Wall Street is bullish for Viking Therapeutics In February, Viking Therapeutics reported successful clinical trial results for VK2735, a dual GLP-1 and GIP receptor agonist. After just 13 weeks of treatment, patients on average had shed 14.7% of their weight, and they were still dro Show less Read more
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