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May 5, 2022 · earnings

GH earnings: a negative outcome, -9.8%

On May 5, 2022, Guardant Health, Inc. reached its earnings. The result was a negative outcome, and the stock moved -9.8% in the window around the event. It had already run -17.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$56.21
1d before
$50.72
Event day
$39.32
1d after
$31.33
5d after

Pre-catalyst setup

-17.1%
30-day run-up
6300%
30-day volatility
1.8×
volume spike