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August 14, 2023 · earnings

BTAI earnings: a negative outcome, -41.5%

On August 14, 2023, BioXcel Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -41.5% in the window around the event. It had already run -28.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$118.40
1d before
$69.28
Event day
$66.24
1d after
$69.28
5d after

Pre-catalyst setup

-28.2%
30-day run-up
8284%
30-day volatility
0.6×
volume spike