CatalystAlert

Search CatalystAlert

Search for companies, drugs, and catalysts

Search CatalystAlert

Search for companies, drugs, and catalysts

May 11, 2020 · earnings

RNTX earnings: a positive outcome, +6.8%

On May 11, 2020, Rein Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.8% in the window around the event. It had already run +23.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$10.54
1d before
$11.25
Event day
$14.04
1d after
$13.56
5d after

Pre-catalyst setup

+23.1%
30-day run-up
7766%
30-day volatility
0.5×
volume spike