On Holding, Shopify, and Viking Therapeutics Rally on Strong Guidance

Key Facts

1On Holding shares surged 13% following strong guidance and the announcement of a $1 billion buyback program.

2Viking Therapeutics and Shopify shares recorded gains amid a broader rally in U.S. equities.

In a move reflecting growing corporate confidence in future growth prospects, several U.S. growth stocks recorded strong gains during Tuesday's trading session. According to reports, On Holding shares surged 13% after the company issued robust financial guidance and announced a significant $1 billion share buyback program. These positive developments have bolstered investor sentiment across high-growth sectors.

These gains coincided with a broader rally in U.S. equities, with Viking Therapeutics and Shopify also recording notable advances. Per market data, SHOP closed at $137.92 on September 21, 2026, having touched a day high of $138.03. Similarly, VKTX stood at $30.11 at the close of September 21, 2026, reflecting positive momentum within the technology and healthcare industries.

Traders are currently monitoring support and resistance levels following the recent price action, with $138.03 acting as a near-term resistance point for SHOP based on recent trading data. Looking ahead at the economic calendar, there are no immediate catalysts scheduled for these specific instruments, leaving the focus on whether the momentum from buyback news and strong guidance can be sustained.