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February 23, 2023 · earnings

GH earnings: a negative outcome, -6.5%

On February 23, 2023, Guardant Health, Inc. reached its earnings. The result was a negative outcome, and the stock moved -6.5% in the window around the event. It had already run -12.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$27.66
1d before
$25.86
Event day
$28.88
1d after
$30.89
5d after

Pre-catalyst setup

-12.4%
30-day run-up
4527%
30-day volatility
1.4×
volume spike