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May 9, 2022 · earnings

OLMA earnings: a negative outcome, -7.6%

On May 9, 2022, Olema Pharmaceuticals, Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.6% in the window around the event. It had already run -38.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.23
1d before
$2.06
Event day
$2.20
1d after
$2.16
5d after

Pre-catalyst setup

-38.1%
30-day run-up
8809%
30-day volatility
0.9×
volume spike