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%.