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May 10, 2022 · earnings

AVIR earnings: a positive outcome, +9.9%

On May 10, 2022, Atea Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +9.9% in the window around the event. It had already run -17.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$5.33
1d before
$5.86
Event day
$6.02
1d after
$7.29
5d after

Pre-catalyst setup

-17.1%
30-day run-up
5646%
30-day volatility
1.5×
volume spike