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November 7, 2023 · earnings

OLMA earnings: a positive outcome, +10.4%

On November 7, 2023, Olema Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +10.4% in the window around the event. It had already run +30.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$15.05
1d before
$16.62
Event day
$17.14
1d after
$15.83
5d after

Pre-catalyst setup

+30.5%
30-day run-up
9987%
30-day volatility
1.9×
volume spike