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March 12, 2021 · earnings

ZVRA earnings: a negative outcome, -5.9%

On March 12, 2021, ZEVRA THERAPEUTICS, INC. reached its earnings. The result was a negative outcome, and the stock moved -5.9% in the window around the event. It had already run -9.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$9.98
1d before
$9.39
Event day
$9.39
1d after
$11.42
5d after

Pre-catalyst setup

-9.4%
30-day run-up
21236%
30-day volatility
0.5×
volume spike