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May 15, 2018 · earnings

SLNO earnings: a negative outcome, -5.5%

On May 15, 2018, SOLENO THERAPEUTICS INC reached its earnings. The result was a negative outcome, and the stock moved -5.5% in the window around the event. It had already run -12.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$28.50
1d before
$26.92
Event day
$26.25
1d after
$27.15
5d after

Pre-catalyst setup

-12.2%
30-day run-up
8210%
30-day volatility
2.5×
volume spike