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March 13, 2020 · earnings

VRCA earnings: a positive outcome, +12.2%

On March 13, 2020, Verrica Pharmaceuticals Inc. reached its earnings. The result was a positive outcome, and the stock moved +12.2% in the window around the event. It had already run -31.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$81.20
1d before
$91.10
Event day
$91.10
1d after
$75.10
5d after

Pre-catalyst setup

-31.8%
30-day run-up
9726%
30-day volatility
3.8×
volume spike