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February 8, 2023 · earnings

ATRA earnings: a negative outcome, -7.7%

On February 8, 2023, Atara Biotherapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.7% in the window around the event. It had already run +47.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$136.50
1d before
$126.00
Event day
$119.25
1d after
$111.00
5d after

Pre-catalyst setup

+47.3%
30-day run-up
7872%
30-day volatility
0.9×
volume spike