Ticker reaction data

Tarsus Pharmaceuticals, Inc. (TARS)

TARS moved a median of 0.00% 30 minutes after news, and -0.23% by the close. How TARS actually reacts to news — the realized, point-in-time move the market made, measured across 390 labeled events over the last three years with zero look-ahead.

The quantified answer

TARS’s median reaction, across the day.

0.00%
Median 30-min
Typical reaction 30 minutes after any TARS news
49%
Moved up
Share of TARS news events that rose at 30 minutes
-0.23%
Median to close
Where TARS typically settles by the closing bell
TARS median reaction to newsTARS median reaction to news across 4 horizons: 5-min -0.01%, 30-min +0.00%, 60-min -0.12%, to close -0.23%.5-min30-min60-minto close5-min: -0.01%30-min: +0.00%60-min: -0.12%to close: -0.23%-0.01%+0.00%-0.12%-0.23%-0.23%0
Median move vs. the price at the news timestamp, each horizon on its own sample — the counts are in the table below.
TARS median reaction to news, by horizon. Each rung is measured on the events that traded at that horizon.
HorizonMedian% positiveEvents
5-min-0.01%47%389
30-min0.00%49%390
60-min-0.12%47%390
to close-0.23%47%389
Where TARS reactions landvs 390 measured TARS reactions
TARSMiddle 50% · -1.12% to +1.25%Zero: 0.00%Median: 0.00%Median 0.00%-2.00%0+2.00%
Middle 50% of TARS reactions-1.12% to +1.25%
Median reaction (30-min)0.00%
Measured reactions390
Point-in-time · zero look-ahead

Half of all Tarsus Pharmaceuticals, Inc. news events land between -1.12% and +1.25% at 30 minutes.

Reaction stats as of 2026-09-21. Newest measured event . Reaction = percent move vs. the price at the news timestamp.

By event type

How TARS reacts, by analyst action.

EventEventsMedian 30-min% positiveMedian to close
Analyst upgrades11+0.24%55%+0.12%
Coverage initiations12+0.87%83%-3.69%
Rating reiterations48+0.14%52%-0.09%
Price-target raises19-0.33%42%-1.72%

Last 3 years, pulled 2026-09-21. Reaction = percent move vs. the price at the news timestamp. Counts and medians only. The same measurement runs across every name in the dataset. 2 further classes were observed with fewer than 10 measured events and are not published. See how TARS ranks against every other measured name →

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Latest news

Recent TARS events, each with its measured reaction.

DateHeadlineEventSource5-minTo close
Form 8-K/A Tarsus Pharmaceuticals, For: Sep 04SEC filing · Form 8-KSEC EDGAR+0.47%+2.44%
Form S-3ASR Tarsus Pharmaceuticals,SEC filing · Form S-3ASRSEC EDGAR+0.47%+2.44%
Tarsus Plans to Present 11 Abstracts Highlighting New Insights in Demodex Blepharitis, Ocular Rosacea and the Real-World Impact of XDEMVY at the American Academy of Optometry 2026 Annual MeetingPress releaseGlobeNewswire+1.27%+0.62%
Form 8-K Tarsus Pharmaceuticals, For: Sep 04SEC filing · Form 8-KSEC EDGAR+0.89%-3.60%
Tarsus Pharmaceuticals Completes Acquisition of Alkeus Pharmaceuticals, Expanding Leadership in Eye CarePress releaseGlobeNewswire+0.37%+9.77%
Tarsus to Participate in Upcoming Investor ConferencesPress releaseGlobeNewswire+1.65%+10.89%
Form 10-Q Tarsus Pharmaceuticals, For: Jun 30SEC filing · Form 10-QSEC EDGAR+4.09%+13.36%
Form 8-K Tarsus Pharmaceuticals, For: Aug 05SEC filing · Form 8-KSEC EDGAR+4.09%+13.36%
Form 8-K Tarsus Pharmaceuticals, For: Aug 06SEC filing · Form 8-KSEC EDGAR+4.09%+13.36%
Form 8-K Tarsus Pharmaceuticals, For: Jul 31SEC filing · Form 8-KSEC EDGAR+4.09%+13.36%
Tarsus Pharmaceuticals Announces Oversubscribed $125.0 Million Private Placement Equity FinancingPress releaseGlobeNewswire+4.09%+13.36%
Tarsus Pharmaceuticals to Acquire Alkeus Pharmaceuticals and Advance Eye Care Leadership PositionPress releaseGlobeNewswire+4.09%+13.36%
Tarsus Reports Second Quarter 2026 Financial Results, Advances Next Phase of GrowthPress releaseGlobeNewswire+4.09%+13.36%
Tarsus to Report Second Quarter 2026 Financial Results on Thursday, August 6, 2026Press releaseGlobeNewswire+4.09%+13.36%
Form 8-K Tarsus Pharmaceuticals, For: Jul 13SEC filing · Form 8-KSEC EDGAR+2.15%-2.67%
Tarsus Pharmaceuticals Announces Executive Leadership Transition as Company Advances Next Phase of GrowthPress releaseGlobeNewswire+2.15%-2.67%
Form 8-K Tarsus Pharmaceuticals, For: Jul 06SEC filing · Form 8-KSEC EDGAR+1.01%-4.33%
Tarsus Advances Eye Care Leadership Strategy with Acquisition of iRenix Medical and Late-Stage Asset IRX-101Press releaseGlobeNewswire+1.01%-4.33%
Form 8-K Tarsus Pharmaceuticals, For: Jun 25SEC filing · Form 8-KSEC EDGAR-0.70%+1.60%
Tarsus to Participate in Upcoming Investor ConferencesPress releaseGlobeNewswire-0.47%-0.92%
Tarsus and John Cena Partner to Raise Awareness of Demodex blepharitis, a Common Eyelid Disease Affecting Approximately 25 Million AmericansPress releaseGlobeNewswire+1.09%+0.59%
Tarsus to Participate in Upcoming Investor ConferencesPress releaseGlobeNewswire-0.62%-4.30%
Form 10-Q Tarsus Pharmaceuticals, For: Mar 31SEC filing · Form 10-QSEC EDGAR-2.15%+2.01%
Form 8-K Tarsus Pharmaceuticals, For: May 06SEC filing · Form 8-KSEC EDGAR-2.15%+2.01%
Tarsus Reports First Quarter 2026 Financial Results and Recent Business AchievementsPress releaseGlobeNewswire-2.15%+2.01%
Tarsus to Report First Quarter 2026 Financial Results on Wednesday, May 6, 2026Press releaseGlobeNewswire+2.01%+5.00%
Form ARS Tarsus Pharmaceuticals, For: Dec 31SEC filing · Form ARSSEC EDGAR-0.85%-1.21%
Form DEF 14A Tarsus Pharmaceuticals, For: Jun 25SEC filing · Form DEFSEC EDGAR-0.85%-1.21%
Form DEFA14A Tarsus Pharmaceuticals,SEC filing · Form DEFA14ASEC EDGAR-0.85%-1.21%
Tarsus Doses First Participant in Calliope, A Phase 2 Clinical Trial of TP-05 (lotilaner), a Novel Investigational Oral Tablet for the Potential Prevention of Lyme DiseasePress releaseGlobeNewswire+0.30%+3.80%
TP-03 (lotilaner ophthalmic solution) 0.25% Now Approved in China for the Treatment of Demodex Blepharitis, Triggering a $15M Milestone Payment to TarsusPress releaseGlobeNewswire+0.17%-2.94%
Tarsus to Participate in Upcoming Investor ConferencesPress releaseGlobeNewswire+1.47%-0.30%
Form 10-K Tarsus Pharmaceuticals, For: Dec 31SEC filing · Form 10-KSEC EDGAR+3.90%+0.62%
Form 8-K Tarsus Pharmaceuticals, For: Feb 23SEC filing · Form 8-KSEC EDGAR+3.90%+0.62%
Form S-8 Tarsus Pharmaceuticals,SEC filing · Form S-8SEC EDGAR+3.90%+0.62%
Tarsus Reports Fourth Quarter and Full-Year 2025 Financial Results and Recent Business AchievementsPress releaseGlobeNewswire+3.90%+0.62%
Form 8-K Tarsus Pharmaceuticals, For: Feb 18SEC filing · Form 8-KSEC EDGAR+1.39%+1.07%
Tarsus Pharmaceuticals Appoints Renowned Biopharmaceutical Leader and Former Allergan CEO, David Pyott, to its Board of DirectorsPress releaseGlobeNewswire+1.39%+1.07%
Tarsus to Report Fourth Quarter and Full Year 2025 Financial Results on Monday, February 23, 2026Press releaseGlobeNewswire+1.39%+1.07%
Form 8-K Tarsus Pharmaceuticals, For: Jan 12SEC filing · Form 8-KSEC EDGAR-0.57%-1.90%
Tarsus to Participate in Upcoming Investor ConferencePress releaseGlobeNewswire-0.39%-4.89%
Tarsus to Participate in Upcoming Investor ConferencePress releaseGlobeNewswire-0.12%-0.96%
Form 10-Q Tarsus Pharmaceuticals, For: Sep 30SEC filing · Form 10-QSEC EDGAR+0.93%-0.44%
Form 8-K Tarsus Pharmaceuticals, For: Nov 04SEC filing · Form 8-KSEC EDGAR+0.93%-0.44%
Tarsus Reports Third Quarter 2025 Financial Results and Recent Business AchievementsPress releaseGlobeNewswire+0.93%-0.44%
Tarsus to Report Third Quarter 2025 Financial Results on Tuesday, November 4, 2025Press releaseGlobeNewswire+0.06%-0.49%
Tarsus to Participate in Upcoming Investor ConferencesPress releaseGlobeNewswire+0.04%-0.14%
Form 10-Q Tarsus Pharmaceuticals, For: Jun 30SEC filing · Form 10-QSEC EDGAR+2.40%+6.63%
Form 8-K Tarsus Pharmaceuticals, For: Aug 06SEC filing · Form 8-KSEC EDGAR+2.40%+6.63%
Named 'Great Place to Work,' Moon Rabbit Reports Record Growth, New Clients, Industry AccoladesPress releasePR Web-0.07%+0.75%

Each reaction is the move the market actually made, measured from the news timestamp. Headlines link through to the TARS section they belong to.

Keep exploring

Where else TARS is measured.

TARS earnings → · Analyst actions → · SEC filings →

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Method

How the numbers are made.

How is Tarsus Pharmaceuticals, Inc.'s median reaction calculated?

Every labeled TARS news event is measured from its own timestamp: the last trade before the news is the base price, and the move is read at fixed horizons — 30 minutes of trading, then the close. The median across 390 events is what this page reports. Point-in-time, zero look-ahead: no event borrows information from a later one.

What counts as a positive reaction?

Any event whose price move is above zero at the horizon, relative to the last trade before the news timestamp. 49% of TARS's measured events are up at 30 minutes; the rest close the window flat or negative.

How often is this page updated?

The news table refreshes automatically as new events are labeled and priced. The reaction medians are re-pulled in batches from the dataset — the figures here are as of 2026-09-21.

Does TARS's past reaction predict its next one?

No. These are realized facts about past events, not forecasts. They describe a distribution — they say nothing certain about any future move.

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26M+ news records, 2006–2026 Operating since 2012 Point-in-time, zero look-ahead Peer-reviewable methodology (SSRN) ↗