Viking Therapeutics Stock Drops In After Hours on Proposed Public Offerings
Viking Therapeutics shares are moving lower in extended trading Wednesday after the company announced a pair of proposed public offerings.
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Why It Matters
Viking Therapeutics is selling new shares to raise money. When companies do this, existing owners own a smaller piece of the whole company.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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