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March 2, 2020 · earnings

GH earnings: a negative outcome, -10.2%

On March 2, 2020, Guardant Health, Inc. reached its earnings. The result was a negative outcome, and the stock moved -10.2% in the window around the event. It had already run +14.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$86.96
1d before
$78.08
Event day
$74.01
1d after
$78.13
5d after

Pre-catalyst setup

+14.4%
30-day run-up
7699%
30-day volatility
2.3×
volume spike