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November 3, 2023 · earnings

EDIT earnings: a positive outcome, +18.2%

On November 3, 2023, Editas Medicine, Inc. reached its earnings. The result was a positive outcome, and the stock moved +18.2% in the window around the event. It had already run -5.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$7.03
1d before
$8.31
Event day
$8.31
1d after
$8.40
5d after

Pre-catalyst setup

-5.2%
30-day run-up
5025%
30-day volatility
0.9×
volume spike