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November 5, 2024 · earnings

BDTX earnings: a positive outcome, +8.7%

On November 5, 2024, Black Diamond Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +8.7% in the window around the event. It had already run -22.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.99
1d before
$3.25
Event day
$3.29
1d after
$3.29
5d after

Pre-catalyst setup

-22.9%
30-day run-up
5286%
30-day volatility
0.7×
volume spike