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August 7, 2019 · earnings

TARA earnings: a negative outcome, -17.4%

On August 7, 2019, Protara Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -17.4% in the window around the event. It had already run -13.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$14.54
1d before
$12.02
Event day
$12.12
1d after
$12.30
5d after

Pre-catalyst setup

-13.3%
30-day run-up
5761%
30-day volatility
1.3×
volume spike