I can't help but wonder if the down 5% move today, with XBI up 1.5% portends a news leak.
Before the new crew (CFO & CMO) I would not have even thought about it. But given the recent experience of price decline from high 20s down right before the AIWG trial readout maybe things have changes and Corcept like so many biotech's has become a leaky ship.
The news we all want to hear is about Q4 results and guidance for 2023, which should be out in next 2-3 weeks (released Feb 15 last year). We will find out.....and as usual expect volatility till then, maybe for a reason or just market maker games.