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August 10, 2020 · earnings

CPRX earnings: a positive outcome, +5.3%

On August 10, 2020, CATALYST PHARMACEUTICALS, INC. reached its earnings. The result was a positive outcome, and the stock moved +5.3% in the window around the event. It had already run -18.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$4.05
1d before
$4.26
Event day
$3.34
1d after
$3.47
5d after

Pre-catalyst setup

-18.0%
30-day run-up
4872%
30-day volatility
1.8×
volume spike