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Vktx stock price speculators watching vktx stock price

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Speculators watching vktx stock price note that options implied volatility remains elevated, suggesting traders anticipate a catalyst event that could move the stock 7–10% within weeks. Bernstein also discussed the implications of rising gold prices and the performance of cryptocurrencies following recent Fed actions. He distinguished between gold and cryptocurrencies, suggesting that while gold has legitimate economic uses, cryptocurrencies often do not serve productive economic functions. He expressed concern over the speculative fervor in the market, arguing that excessive financial asset inflation can be as detrimental as real asset inflation. This misallocation of capital can lead to inflationary pressures as resources are diverted from essential sectors like infrastructure to less productive areas such as cryptocurrencies. Year to date, shares of Amgen have gained over 5%, while those of VKTX have plummeted 40%. In comparison, the industry has risen nearly 4%, as seen in the chart below. vktx stock price rally is partially driven by algorithmic buying programs triggered by positive momentum scores. Market depth data show strong bid support above $32.50, limiting downside risk.