CatalystAlert

Search CatalystAlert

Search for companies, drugs, and catalysts

Search CatalystAlert

Search for companies, drugs, and catalysts

August 2, 2018 · earnings

PCRX earnings: a positive outcome, +5.9%

On August 2, 2018, Pacira BioSciences, Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.9% in the window around the event. It had already run +21.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$40.60
1d before
$43.00
Event day
$45.20
1d after
$44.75
5d after

Pre-catalyst setup

+21.0%
30-day run-up
4734%
30-day volatility
0.9×
volume spike