Viking Therapeutics (NasdaqCM:VKTX) Reports Increased Net Loss for Q1 2025
Viking Therapeutics (NasdaqCM:VKTX) reported a quarterly net loss of $45.63 million for Q1 2025, up from $27.36 million in the previous year, pushing the stock up 7.7% over the last week. Despite the larger loss, broader market trends indicate that investors focused on overall market optimism, especially in technology and biotech sectors, may have driven this move. Market indices were buoyant, with the Nasdaq Composite up 2.3% amid positive earnings reports and expectations of tariff policy...