CatalystAlert

Search CatalystAlert

Search for companies, drugs, and catalysts

Search CatalystAlert

Search for companies, drugs, and catalysts

November 3, 2023 · earnings

ARQT earnings: a positive outcome, +9.9%

On November 3, 2023, Arcutis Biotherapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +9.9% in the window around the event. It had already run -50.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.22
1d before
$2.44
Event day
$2.44
1d after
$2.20
5d after

Pre-catalyst setup

-50.0%
30-day run-up
9579%
30-day volatility
0.6×
volume spike