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November 9, 2020 · earnings

ATRA earnings: a positive outcome, +7.1%

On November 9, 2020, Atara Biotherapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +7.1% in the window around the event. It had already run -7.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$336.25
1d before
$360.00
Event day
$389.50
1d after
$451.25
5d after

Pre-catalyst setup

-7.0%
30-day run-up
5896%
30-day volatility
1.5×
volume spike