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November 8, 2022 · earnings

ASMB earnings: a negative outcome, -7.4%

On November 8, 2022, ASSEMBLY BIOSCIENCES, INC. reached its earnings. The result was a negative outcome, and the stock moved -7.4% in the window around the event. It had already run -7.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$17.76
1d before
$16.44
Event day
$15.72
1d after
$16.08
5d after

Pre-catalyst setup

-7.9%
30-day run-up
3700%
30-day volatility
1.8×
volume spike