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February 21, 2020 · PDUFA decision

ESPR PDUFA decision: a positive outcome, -9.6%

On February 21, 2020, Esperion Therapeutics, Inc. reached its PDUFA decision. The result was a positive outcome, and the stock moved -9.6% 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

$68.35
1d before
$61.76
Event day
$61.76
1d after
$57.05
5d after

Pre-catalyst setup

+18.0%
30-day run-up
6318%
30-day volatility
1.4×
volume spike