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April 15, 2026 · Phase 2 readout

VMAR Phase 2 readout: a negative outcome, -7.0%

On April 15, 2026, Vision Marine Technologies Inc. reached its Phase 2 readout. The result was a negative outcome, and the stock moved -7.0% in the window around the event. It had already run -12.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$1.87
1d before
$1.74
Event day
$1.44
1d after
$1.47
5d after

Pre-catalyst setup

-12.2%
30-day run-up
5400%
30-day volatility
2.8×
volume spike