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August 14, 2024 · earnings

COCP earnings: a negative outcome, -10.5%

On August 14, 2024, Cocrystal Pharma, Inc. reached its earnings. The result was a negative outcome, and the stock moved -10.5% in the window around the event. It had already run -19.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$1.90
1d before
$1.70
Event day
$1.71
1d after
$2.10
5d after

Pre-catalyst setup

-19.6%
30-day run-up
5775%
30-day volatility
1.0×
volume spike