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May 12, 2022 · earnings

ASMB earnings: a positive outcome, +7.4%

On May 12, 2022, ASSEMBLY BIOSCIENCES, INC. reached its earnings. The result was a positive outcome, and the stock moved +7.4% in the window around the event. It had already run -31.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$16.20
1d before
$17.40
Event day
$18.48
1d after
$20.52
5d after

Pre-catalyst setup

-31.6%
30-day run-up
6218%
30-day volatility
1.4×
volume spike