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August 6, 2020 · earnings

PRTA earnings: a positive outcome, +5.1%

On August 6, 2020, PROTHENA CORP PUBLIC LTD CO reached its earnings. The result was a positive outcome, and the stock moved +5.1% in the window around the event. It had already run +19.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$12.29
1d before
$12.91
Event day
$12.72
1d after
$12.47
5d after

Pre-catalyst setup

+19.3%
30-day run-up
6286%
30-day volatility
0.5×
volume spike