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March 24, 2022 · earnings

MIST earnings: a positive outcome, +9.3%

On March 24, 2022, Milestone Pharmaceuticals Inc. reached its earnings. The result was a positive outcome, and the stock moved +9.3% in the window around the event. It had already run -6.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$5.82
1d before
$6.36
Event day
$6.54
1d after
$6.82
5d after

Pre-catalyst setup

-6.3%
30-day run-up
8318%
30-day volatility
0.2×
volume spike