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May 6, 2021 · earnings

MIRM earnings: a negative outcome, -6.5%

On May 6, 2021, Mirum Pharmaceuticals, Inc. reached its earnings. The result was a negative outcome, and the stock moved -6.5% in the window around the event.

The move

$18.93
1d before
$17.70
Event day
$18.67
1d after
$17.74
5d after

Pre-catalyst setup

-0.8%
30-day run-up
4200%
30-day volatility
0.8×
volume spike