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May 8, 2024 · earnings

EDIT earnings: a negative outcome, -11.4%

On May 8, 2024, Editas Medicine, Inc. reached its earnings. The result was a negative outcome, and the stock moved -11.4% in the window around the event. It had already run -15.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$5.68
1d before
$5.03
Event day
$5.56
1d after
$5.71
5d after

Pre-catalyst setup

-15.6%
30-day run-up
4557%
30-day volatility
0.9×
volume spike