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November 8, 2017 · earnings

VKTX earnings: a negative outcome, -6.9%

On November 8, 2017, Viking Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -6.9% in the window around the event. It had already run +6.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.31
1d before
$2.15
Event day
$2.19
1d after
$2.70
5d after

Pre-catalyst setup

+6.2%
30-day run-up
12177%
30-day volatility
0.5×
volume spike