Features · 5 min read

Catalysts

A catalyst is a scheduled or expected event — a regulator’s decision, a court date, a product verdict — that can move a stock sharply when it lands. The catalyst board collects them across the market so the date never takes you by surprise.

Company filesthe paperworkTodayreview under wayExpected decisionthe catalyst dateHIGH IMPACT
Every catalyst is a timeline: something was filed or announced, a process is under way, and a decision is expected. The impact badge is our estimate of how much it could matter.

Reading a catalyst card

  • Headlinewhat the event is, in one plain sentence.
  • Expected dateour best estimate of when the decision lands. Some events have exact dates; others are windows — the card says which.
  • Impact scorehow much the outcome could plausibly move the stock, considering the company’s size and the event’s weight. Higher = potentially bigger swing — in either direction.
  • Revised chipdates change in the real world. When a timeline moves, we show the revision instead of silently rewriting history.

Two boards

The board is split into Sub-$100M (very small companies, where a single event can be transformative) and Biotech (all sizes — trial results and approval decisions are the classic catalysts). Use the filters in the sidebar to narrow by event type.

Good to know
Catalysts cut both ways: an approval can double a stock, a rejection can halve it. The board tells you when the coin flips — never which side it lands on. Position sizing is your safety net.