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February 16, 2022 · earnings

ALKS earnings: a positive outcome, +14.9%

On February 16, 2022, Alkermes plc reached its earnings. The result was a positive outcome, and the stock moved +14.9% in the window around the event. It had already run -8.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$21.70
1d before
$24.94
Event day
$23.60
1d after
$23.35
5d after

Pre-catalyst setup

-8.1%
30-day run-up
3332%
30-day volatility
1.8×
volume spike