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November 9, 2021 · earnings

ARCT earnings: a negative outcome, -6.3%

On November 9, 2021, Arcturus Therapeutics Holdings Inc. reached its earnings. The result was a negative outcome, and the stock moved -6.3% in the window around the event. It had already run -11.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$38.65
1d before
$36.23
Event day
$34.87
1d after
$37.58
5d after

Pre-catalyst setup

-11.6%
30-day run-up
7160%
30-day volatility
2.4×
volume spike