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May 9, 2023 · earnings

CRBP earnings: a negative outcome, -12.4%

On May 9, 2023, Corbus Pharmaceuticals Holdings, Inc. reached its earnings. The result was a negative outcome, and the stock moved -12.4% in the window around the event. It had already run +35.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$10.13
1d before
$8.87
Event day
$9.31
1d after
$9.84
5d after

Pre-catalyst setup

+35.6%
30-day run-up
18375%
30-day volatility
0.3×
volume spike