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November 13, 2023 · earnings

OBIO earnings: a positive outcome, +14.6%

On November 13, 2023, Orchestra BioMed Holdings, Inc. reached its earnings. The result was a positive outcome, and the stock moved +14.6% in the window around the event.

The move

$5.27
1d before
$6.04
Event day
$6.83
1d after
$6.79
5d after

Pre-catalyst setup

+2.1%
30-day run-up
7256%
30-day volatility
0.6×
volume spike