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Why Apellis Pharmaceuticals, TG Therapeutics, and Viking Therapeutics Were on the Move Today

Why Apellis Pharmaceuticals, TG Therapeutics, and Viking Therapeutics Were on the Move Today

With earnings season in full swing, biotechnology stocks were volatile today. Apellis Pharmaceuticals' (NASDAQ: APLS) stock, for instance, dipped by as much as 8.5% in early-morning trading Monday before rallying in the afternoon session. Viking Therapeutics (NASDAQ: VKTX) also joined the bull parade today, with its stock first rising by 7% in the early portion of Monday's session before cooling off to finish up by approximately 3.8%.