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February 28, 2023 · earnings

ACAD earnings: a positive outcome, +6.6%

On February 28, 2023, ACADIA Pharmaceuticals Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.6% in the window around the event.

The move

$19.40
1d before
$20.69
Event day
$20.92
1d after
$20.34
5d after

Pre-catalyst setup

+1.9%
30-day run-up
3468%
30-day volatility
1.5×
volume spike