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March 1, 2022 · earnings

PLRX earnings: a positive outcome, +11.6%

On March 1, 2022, Pliant Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +11.6% in the window around the event. It had already run -16.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$8.97
1d before
$10.01
Event day
$9.64
1d after
$8.69
5d after

Pre-catalyst setup

-16.2%
30-day run-up
8523%
30-day volatility
1.4×
volume spike