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May 10, 2022 · earnings

DERM earnings: a negative outcome, -5.3%

On May 10, 2022, Journey Medical Corporation reached its earnings. The result was a negative outcome, and the stock moved -5.3% in the window around the event. It had already run -26.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$3.74
1d before
$3.54
Event day
$3.28
1d after
$3.93
5d after

Pre-catalyst setup

-26.7%
30-day run-up
7292%
30-day volatility
0.7×
volume spike