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May 7, 2024 · earnings

ARVN earnings: a positive outcome, +6.4%

On May 7, 2024, Arvinas, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.4% in the window around the event. It had already run -12.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$32.26
1d before
$34.33
Event day
$32.37
1d after
$31.44
5d after

Pre-catalyst setup

-12.3%
30-day run-up
3605%
30-day volatility
0.7×
volume spike