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August 10, 2023 · earnings

IMVT earnings: a positive outcome, +6.7%

On August 10, 2023, Immunovant, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.7% in the window around the event. It had already run +8.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$20.92
1d before
$22.32
Event day
$22.47
1d after
$20.52
5d after

Pre-catalyst setup

+8.6%
30-day run-up
6291%
30-day volatility
1.6×
volume spike