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November 3, 2022 · earnings

ACAD earnings: a negative outcome, -7.0%

On November 3, 2022, ACADIA Pharmaceuticals Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.0% in the window around the event. It had already run -11.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$15.93
1d before
$14.82
Event day
$14.67
1d after
$15.30
5d after

Pre-catalyst setup

-11.2%
30-day run-up
5145%
30-day volatility
1.1×
volume spike