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June 8, 2022 · earnings

IMVT earnings: a negative outcome, -8.2%

On June 8, 2022, Immunovant, Inc. reached its earnings. The result was a negative outcome, and the stock moved -8.2% in the window around the event. It had already run +6.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$4.27
1d before
$3.92
Event day
$3.73
1d after
$3.40
5d after

Pre-catalyst setup

+6.1%
30-day run-up
8099%
30-day volatility
0.4×
volume spike