$VKTX A lot of people think Viking is about to dump shares after today’s big jump. They put a $500M ATM in place in July. That’s just a facility & they don’t have to use it. And they haven’t touched it. Share count is basically unchanged since they set it up. At the same time they authorized a $500M buyback. That’s management keeping both options open. They already have cash into 2028. The ATM is insurance, not a signal they’re raising into this move. Bears can’t spin this without looking like Pinocchio.
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