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November 15, 2021 · earnings

JBIO earnings: a negative outcome, -18.9%

On November 15, 2021, Jade Biosciences, Inc. reached its earnings. The result was a negative outcome, and the stock moved -18.9% in the window around the event. It had already run +52.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$753.94
1d before
$611.13
Event day
$490.37
1d after
$499.48
5d after

Pre-catalyst setup

+52.4%
30-day run-up
12592%
30-day volatility
0.6×
volume spike