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August 4, 2022 · earnings

MIRM earnings: a positive outcome, +11.8%

On August 4, 2022, Mirum Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +11.8% in the window around the event. It had already run +6.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$23.30
1d before
$26.05
Event day
$29.44
1d after
$27.49
5d after

Pre-catalyst setup

+6.1%
30-day run-up
6484%
30-day volatility
0.8×
volume spike