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August 13, 2024 · earnings

MCRB earnings: a negative outcome, -7.0%

On August 13, 2024, Seres Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.0% in the window around the event. It had already run -15.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$17.80
1d before
$16.56
Event day
$18.06
1d after
$17.60
5d after

Pre-catalyst setup

-15.2%
30-day run-up
14877%
30-day volatility
0.3×
volume spike