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October 31, 2024 · earnings

CMPS earnings: a negative outcome, -23.1%

On October 31, 2024, Compass Pathways plc reached its earnings. The result was a negative outcome, and the stock moved -23.1% in the window around the event. It had already run +6.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$6.19
1d before
$4.76
Event day
$4.75
1d after
$4.52
5d after

Pre-catalyst setup

+6.7%
30-day run-up
4179%
30-day volatility
1.2×
volume spike