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August 14, 2024 · earnings

VRCA earnings: a negative outcome, -40.8%

On August 14, 2024, Verrica Pharmaceuticals Inc. reached its earnings. The result was a negative outcome, and the stock moved -40.8% in the window around the event. It had already run -40.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$52.70
1d before
$31.20
Event day
$29.10
1d after
$29.60
5d after

Pre-catalyst setup

-40.6%
30-day run-up
6740%
30-day volatility
2.1×
volume spike