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May 15, 2023 · earnings

LRMR earnings: a negative outcome, -29.1%

On May 15, 2023, Larimar Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -29.1% in the window around the event. It had already run +11.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$5.06
1d before
$3.59
Event day
$3.65
1d after
$3.66
5d after

Pre-catalyst setup

+11.7%
30-day run-up
4508%
30-day volatility
1.0×
volume spike