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March 11, 2021 · earnings

TARA earnings: a positive outcome, +6.4%

On March 11, 2021, Protara Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.4% in the window around the event. It had already run -28.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$15.94
1d before
$16.96
Event day
$17.82
1d after
$16.82
5d after

Pre-catalyst setup

-28.4%
30-day run-up
9424%
30-day volatility
1.0×
volume spike