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August 1, 2024 · earnings

CMPS earnings: a negative outcome, -9.8%

On August 1, 2024, Compass Pathways plc reached its earnings. The result was a negative outcome, and the stock moved -9.8% in the window around the event. It had already run +33.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$7.63
1d before
$6.88
Event day
$7.04
1d after
$7.02
5d after

Pre-catalyst setup

+33.6%
30-day run-up
6735%
30-day volatility
1.1×
volume spike