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May 22, 2023 · earnings

IMVT earnings: a positive outcome, +12.0%

On May 22, 2023, Immunovant, Inc. reached its earnings. The result was a positive outcome, and the stock moved +12.0% in the window around the event. It had already run +36.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$21.21
1d before
$23.75
Event day
$22.24
1d after
$21.05
5d after

Pre-catalyst setup

+36.8%
30-day run-up
7176%
30-day volatility
0.6×
volume spike