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August 7, 2023 · earnings

CRSP earnings: a negative outcome, -5.1%

On August 7, 2023, CRISPR Therapeutics AG reached its earnings. The result was a negative outcome, and the stock moved -5.1% in the window around the event. It had already run -6.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$50.96
1d before
$48.34
Event day
$53.05
1d after
$49.65
5d after

Pre-catalyst setup

-6.3%
30-day run-up
3799%
30-day volatility
1.0×
volume spike