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November 4, 2020 · earnings

ACRS earnings: a positive outcome, +6.5%

On November 4, 2020, Aclaris Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.5% in the window around the event. It had already run +14.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$3.71
1d before
$3.95
Event day
$3.97
1d after
$3.99
5d after

Pre-catalyst setup

+14.6%
30-day run-up
10462%
30-day volatility
0.3×
volume spike