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May 3, 2023 · earnings

ADPT earnings: a positive outcome, +7.0%

On May 3, 2023, Adaptive Biotechnologies Corporation reached its earnings. The result was a positive outcome, and the stock moved +7.0% in the window around the event. It had already run -18.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$7.01
1d before
$7.50
Event day
$6.43
1d after
$6.60
5d after

Pre-catalyst setup

-18.0%
30-day run-up
5858%
30-day volatility
1.2×
volume spike