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March 16, 2020 · earnings

TRVI earnings: a positive outcome, +48.3%

On March 16, 2020, Trevi Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +48.3% in the window around the event. It had already run -51.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.50
1d before
$3.71
Event day
$4.09
1d after
$2.97
5d after

Pre-catalyst setup

-51.6%
30-day run-up
14015%
30-day volatility
4.5×
volume spike