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May 4, 2022 · earnings

EDIT earnings: a positive outcome, +11.5%

On May 4, 2022, Editas Medicine, Inc. reached its earnings. The result was a positive outcome, and the stock moved +11.5% in the window around the event. It had already run -38.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$14.18
1d before
$15.81
Event day
$14.56
1d after
$11.11
5d after

Pre-catalyst setup

-38.0%
30-day run-up
7046%
30-day volatility
0.7×
volume spike