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May 1, 2023 · earnings

DAWN earnings: a positive outcome, +16.7%

On May 1, 2023, Day One Biopharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +16.7% in the window around the event. It had already run -7.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$12.40
1d before
$14.47
Event day
$13.98
1d after
$13.68
5d after

Pre-catalyst setup

-7.3%
30-day run-up
7965%
30-day volatility
0.5×
volume spike