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November 14, 2022 · earnings

CGTX earnings: a negative outcome, -6.1%

On November 14, 2022, COGNITION THERAPEUTICS INC reached its earnings. The result was a negative outcome, and the stock moved -6.1% in the window around the event. It had already run -27.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$1.32
1d before
$1.24
Event day
$1.45
1d after
$1.47
5d after

Pre-catalyst setup

-27.5%
30-day run-up
11173%
30-day volatility
1.0×
volume spike