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May 13, 2021 · earnings

TRVI earnings: a negative outcome, -6.5%

On May 13, 2021, Trevi Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -6.5% in the window around the event. It had already run -13.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.15
1d before
$2.01
Event day
$2.06
1d after
$2.08
5d after

Pre-catalyst setup

-13.8%
30-day run-up
4541%
30-day volatility
0.4×
volume spike