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Why Viking Therapeutics Was Crushing It This Week

    A multibillion-dollar deal in the healthcare industry helped lift the stock of a company, Viking Therapeutics (NASDAQ: VKTX), not directly involved in the transaction. As a result, according to data compiled by S&P Global Market Intelligence, Viking's share price was up by a whopping 39% week to date as of Friday before market open. The week kicked off with global pharmaceutical company Roche (OTC: RHHBY) announcing it signed an agreement essentially to acquire clinical-stage biotech Carmot Therapeutics.

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