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April 30, 2020 · earnings

VKTX earnings: a negative outcome, -7.1%

On April 30, 2020, Viking Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.1% in the window around the event. It had already run +38.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$6.20
1d before
$5.76
Event day
$5.45
1d after
$6.69
5d after

Pre-catalyst setup

+38.0%
30-day run-up
7299%
30-day volatility
0.8×
volume spike