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March 31, 2021 · earnings

IKT earnings: a positive outcome, +5.3%

On March 31, 2021, Inhibikase Therapeutics, 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 -22.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$34.26
1d before
$36.06
Event day
$37.38
1d after
$35.58
5d after

Pre-catalyst setup

-22.5%
30-day run-up
6839%
30-day volatility
2.1×
volume spike