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August 16, 2021 · earnings

IKT earnings: a negative outcome, -6.3%

On August 16, 2021, Inhibikase Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -6.3% in the window around the event. It had already run -21.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$11.46
1d before
$10.74
Event day
$11.40
1d after
$11.34
5d after

Pre-catalyst setup

-21.1%
30-day run-up
7648%
30-day volatility
0.4×
volume spike