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August 6, 2024 · earnings

BDTX earnings: a negative outcome, -5.5%

On August 6, 2024, Black Diamond Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -5.5% in the window around the event. It had already run +28.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$5.30
1d before
$5.01
Event day
$4.56
1d after
$4.64
5d after

Pre-catalyst setup

+28.9%
30-day run-up
7762%
30-day volatility
1.3×
volume spike