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February 12, 2024 · earnings

GRCE earnings: a positive outcome, +6.5%

On February 12, 2024, Grace Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.5% in the window around the event. It had already run -8.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.45
1d before
$2.61
Event day
$2.42
1d after
$3.30
5d after

Pre-catalyst setup

-8.6%
30-day run-up
8160%
30-day volatility
0.4×
volume spike