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July 31, 2023 · earnings

DBVT earnings: a negative outcome, -6.3%

On July 31, 2023, DBV Technologies S.A. reached its earnings. The result was a negative outcome, and the stock moved -6.3% in the window around the event. It had already run -16.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$15.80
1d before
$14.80
Event day
$16.10
1d after
$15.40
5d after

Pre-catalyst setup

-16.8%
30-day run-up
3160%
30-day volatility
1.1×
volume spike