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March 18, 2020 · earnings

NVNO earnings: a negative outcome, -7.8%

On March 18, 2020, enVVeno Medical Corp reached its earnings. The result was a negative outcome, and the stock moved -7.8% in the window around the event. It had already run -49.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$332.52
1d before
$306.44
Event day
$282.29
1d after
$254.11
5d after

Pre-catalyst setup

-49.0%
30-day run-up
18572%
30-day volatility
0.6×
volume spike