Stock Volatility
What Is a Binary Event in Biotech? High-Stakes Catalysts Explained
Few events in the financial markets generate the kind of violent, same-day price moves that biotech binary events produce. A Phase 3 trial result, an FDA approval decision, or an AdCom vote can send a stock up 80% or down 70% before most investors have finished their morning coffee. The term ‘binary event’ is one…
