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May 9, 2023 · earnings

OLMA earnings: a positive outcome, +10.7%

On May 9, 2023, Olema Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +10.7% in the window around the event. It had already run +102.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$6.57
1d before
$7.27
Event day
$6.64
1d after
$6.97
5d after

Pre-catalyst setup

+102.4%
30-day run-up
6779%
30-day volatility
0.9×
volume spike