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May 5, 2022 · earnings

CHRS earnings: a negative outcome, -9.3%

On May 5, 2022, Coherus Oncology, Inc. reached its earnings. The result was a negative outcome, and the stock moved -9.3% in the window around the event. It had already run -23.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$9.72
1d before
$8.82
Event day
$8.43
1d after
$8.52
5d after

Pre-catalyst setup

-23.1%
30-day run-up
4250%
30-day volatility
1.2×
volume spike