
Viking Therapeutics ($VKTX) has experienced a dramatic decline in its stock price, dropping from $80 to $30 over a three-month period. The company's recent oral data update led to a significant loss of investor confidence, with the stock previously reaching a peak of over $90. Analysts suggest that the CEO should focus on clearer communication with investors, particularly regarding potential partnerships and upcoming deadlines. The company is expected to provide further updates and catalysts during its earnings call in early February. In related news, P180 has acquired a 65% majority stake in Vince Holding Corp ($VNCE) from Sun Capital, which has resulted in a pre-market surge of 55.3% for Vince's stock. Brendan Hoffman will return as CEO, aiming to leverage P180's focus on luxury apparel growth and reduce Vince's debt by $27 million.


Upside: $VNCE +71% (P180 Acquires Sun Capital’s Majority Stake in Vince Holding Corp) $XCUR +40% (acquired all equity securities of GPCR Therapeutics USA Inc. from GPCR Therapeutics) $FTHM +12% (entered into a Sales Agreement with Roth Capital for up to $10M shares) $HZO +12%…
$VKTX BTIG.........We caught up with mgmt to start the year, and we believe 2025 will be a meaningful year for Viking. Viking Therapeutics (VKTX) Buy, $125 PT....
$VNCE (+55.3% pre) Vince Holdings Announces Major Ownership Shift as P180 Acquires 65% Stake, Cuts $27M Debt - Stock Titan https://t.co/losqt0WCOr