Unpacking the Latest Options Trading Trends in Viking Therapeutics
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bearish sentiment among investors towards Viking Therapeutics (NASDAQ:VKTX). Benzinga's options scanner detected 17 significant options activities, with 52% of investors leaning bearish. The stock is currently down by 5.93%, trading at $62.68. Analysts have mixed ratings, with target prices ranging from $90 to $118.

August 20, 2024 | 2:46 pm
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Viking Therapeutics (VKTX) is experiencing a bearish sentiment in options trading, with 52% of investors showing bearish activity. The stock is down 5.93% to $62.68. Analysts have mixed ratings, with target prices from $90 to $118.
The significant bearish sentiment in options trading, with 52% of investors leaning bearish, suggests a negative outlook for VKTX in the short term. The stock's recent decline of 5.93% further supports this sentiment. Analysts' mixed ratings, with target prices ranging from $90 to $118, indicate uncertainty about the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100