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May 11, 2023 · earnings

IBRX earnings: a negative outcome, -55.1%

On May 11, 2023, ImmunityBio, Inc. reached its earnings. The result was a negative outcome, and the stock moved -55.1% in the window around the event. It had already run +316.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$6.22
1d before
$2.79
Event day
$2.28
1d after
$3.31
5d after

Pre-catalyst setup

+316.2%
30-day run-up
19687%
30-day volatility
0.9×
volume spike