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May 9, 2022 · earnings

BEAM earnings: a negative outcome, -6.7%

On May 9, 2022, Beam Therapeutics Inc. reached its earnings. The result was a negative outcome, and the stock moved -6.7% in the window around the event. It had already run -31.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$35.68
1d before
$33.29
Event day
$35.78
1d after
$35.45
5d after

Pre-catalyst setup

-31.1%
30-day run-up
9245%
30-day volatility
1.5×
volume spike