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November 12, 2021 · earnings

AVIR earnings: a positive outcome, +6.8%

On November 12, 2021, Atea Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.8% in the window around the event. It had already run -73.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$10.64
1d before
$11.36
Event day
$11.36
1d after
$8.69
5d after

Pre-catalyst setup

-73.8%
30-day run-up
22210%
30-day volatility
0.2×
volume spike