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February 27, 2024 · earnings

BEAM earnings: a positive outcome, +25.9%

On February 27, 2024, Beam Therapeutics Inc. reached its earnings. The result was a positive outcome, and the stock moved +25.9% in the window around the event. It had already run +39.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$35.80
1d before
$45.07
Event day
$43.61
1d after
$39.84
5d after

Pre-catalyst setup

+39.9%
30-day run-up
9392%
30-day volatility
1.0×
volume spike