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May 12, 2022 · earnings

LONA earnings: a negative outcome, -5.5%

On May 12, 2022, LeonaBio, Inc. reached its earnings. The result was a negative outcome, and the stock moved -5.5% in the window around the event. It had already run -22.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$84.20
1d before
$79.60
Event day
$82.80
1d after
$89.20
5d after

Pre-catalyst setup

-22.7%
30-day run-up
5761%
30-day volatility
1.8×
volume spike