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May 16, 2022 · earnings

JBIO earnings: a negative outcome, -11.2%

On May 16, 2022, Jade Biosciences, Inc. reached its earnings. The result was a negative outcome, and the stock moved -11.2% in the window around the event. It had already run -22.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$457.47
1d before
$406.02
Event day
$428.77
1d after
$460.62
5d after

Pre-catalyst setup

-22.4%
30-day run-up
8868%
30-day volatility
0.8×
volume spike