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May 5, 2022 · earnings

ARVN earnings: a negative outcome, -9.9%

On May 5, 2022, Arvinas, Inc. reached its earnings. The result was a negative outcome, and the stock moved -9.9% in the window around the event. It had already run -24.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$54.63
1d before
$49.20
Event day
$45.68
1d after
$42.31
5d after

Pre-catalyst setup

-24.5%
30-day run-up
4437%
30-day volatility
1.1×
volume spike