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May 12, 2022 · earnings

LQDA earnings: a negative outcome, -5.5%

On May 12, 2022, Liquidia Corporation 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 -18.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$4.93
1d before
$4.66
Event day
$5.31
1d after
$6.01
5d after

Pre-catalyst setup

-18.6%
30-day run-up
8019%
30-day volatility
0.7×
volume spike