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August 8, 2023 · earnings

MCRB earnings: a negative outcome, -6.9%

On August 8, 2023, Seres Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -6.9% in the window around the event.

The move

$92.20
1d before
$85.80
Event day
$80.60
1d after
$77.40
5d after

Pre-catalyst setup

+3.8%
30-day run-up
5033%
30-day volatility
1.6×
volume spike