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March 12, 2020 · earnings

NGNE earnings: a negative outcome, -5.4%

On March 12, 2020, Neurogene Inc. reached its earnings. The result was a negative outcome, and the stock moved -5.4% in the window around the event. It had already run -29.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$159.20
1d before
$150.60
Event day
$135.80
1d after
$140.60
5d after

Pre-catalyst setup

-29.1%
30-day run-up
7849%
30-day volatility
1.5×
volume spike