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November 12, 2020 · earnings

TRVI earnings: a negative outcome, -8.3%

On November 12, 2020, Trevi Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -8.3% in the window around the event. It had already run -9.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$3.82
1d before
$3.50
Event day
$3.36
1d after
$3.10
5d after

Pre-catalyst setup

-9.2%
30-day run-up
6453%
30-day volatility
4.5×
volume spike