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August 9, 2023 · earnings

EBS earnings: a negative outcome, -17.8%

On August 9, 2023, Emergent BioSolutions Inc. reached its earnings. The result was a negative outcome, and the stock moved -17.8% in the window around the event.

The move

$7.20
1d before
$5.92
Event day
$5.72
1d after
$5.49
5d after

Pre-catalyst setup

+2.0%
30-day run-up
7150%
30-day volatility
1.0×
volume spike