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March 5, 2021 · earnings

ANIK earnings: a negative outcome, -9.2%

On March 5, 2021, Anika Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -9.2% in the window around the event.

The move

$38.13
1d before
$34.64
Event day
$34.64
1d after
$35.08
5d after

Pre-catalyst setup

+3.4%
30-day run-up
4488%
30-day volatility
1.2×
volume spike