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VKTX
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Viking Therapeutics shares fall more than 30% on disappointing obesity pill trial data

1. Viking Therapeutics shares dropped over 30% after disappointing trial data. 2. Data suggests VK2735 may not compete with Eli Lilly and Novo Nordisk drugs. 3. Viking's pill showed inferior results in weight loss compared to competitor drugs. 4. High discontinuation rates of Viking's treatment raise concerns for investors. 5. Gastrointestinal side effects reported more frequently in Viking's trial.

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FAQ

Why Very Bearish?

The severe drop in share price indicates a significant loss of investor confidence, reminiscent of historical cases like Bluebird Bio post-trial news. Investors are worried that VKTX may not become a viable competitor, crucial for valuation.

How important is it?

Disappointing trial results directly affect VKTX's market position, investor confidence, and potential for M&A activity.

Why Short Term?

The immediate market reaction to trial results will influence VKTX's stock in the short-term; however, long-term prospects depend on future developments.

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