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November 7, 2023 · earnings

ARVN earnings: a positive outcome, +5.1%

On November 7, 2023, Arvinas, Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.1% in the window around the event. It had already run -8.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$16.93
1d before
$17.79
Event day
$16.51
1d after
$14.99
5d after

Pre-catalyst setup

-8.2%
30-day run-up
7011%
30-day volatility
0.9×
volume spike