Viking Therapeutics shares are trading higher after the company presented new data from its Phase 2b study of VK2809.
Portfolio Pulse from Benzinga Newsdesk
Viking Therapeutics' stock is trading higher following the presentation of positive Phase 2b study data for its drug VK2809.
November 14, 2023 | 6:16 pm
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POSITIVE IMPACT
Viking Therapeutics' shares are experiencing an upswing after the company reported encouraging data from its Phase 2b study of VK2809.
The positive data from the Phase 2b study of VK2809 is a significant milestone for Viking Therapeutics, likely leading to increased investor confidence and potential future revenue growth. This news directly impacts the company's valuation and prospects, hence the positive short term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100