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September 23, 2026 · regulatory event

TRAX regulatory event: a negative outcome, -10.7%

On September 23, 2026, First Tracks Biotherapeutics, Inc. reached its regulatory event. The result was a negative outcome, and the stock moved -10.7% in the window around the event. It had already run -10.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$41.03
1d before
$36.66
Event day
$36.66
1d after
$36.66
5d after

Our prediction vs. the result

CatalystAlert called this one neutral (+0.3% expected); the stock actually moved -10.7%. Model confidence at the time: 100%.

See the full scored track record

Pre-catalyst setup

-10.8%
30-day run-up
6618%
30-day volatility
1.3×
volume spike