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April 26, 2022 · earnings

EXAS earnings: a negative outcome, -6.4%

On April 26, 2022, EXACT SCIENCES CORP reached its earnings. The result was a negative outcome, and the stock moved -6.4% in the window around the event. It had already run -9.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$62.64
1d before
$58.63
Event day
$62.52
1d after
$55.05
5d after

Pre-catalyst setup

-9.0%
30-day run-up
6005%
30-day volatility
2.1×
volume spike