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August 14, 2023 · earnings

ABSI earnings: a positive outcome, +5.4%

On August 14, 2023, Absci Corp reached its earnings. The result was a positive outcome, and the stock moved +5.4% in the window around the event. It had already run -16.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$1.68
1d before
$1.77
Event day
$1.64
1d after
$1.68
5d after

Pre-catalyst setup

-16.0%
30-day run-up
9131%
30-day volatility
0.8×
volume spike