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November 9, 2023 · earnings

IMVT earnings: a negative outcome, -6.2%

On November 9, 2023, Immunovant, Inc. reached its earnings. The result was a negative outcome, and the stock moved -6.2% in the window around the event. It had already run -9.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$33.39
1d before
$31.31
Event day
$32.63
1d after
$34.97
5d after

Pre-catalyst setup

-9.3%
30-day run-up
4060%
30-day volatility
0.6×
volume spike