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May 9, 2022 · earnings

ORIC earnings: a negative outcome, -8.2%

On May 9, 2022, Oric Pharmaceuticals, Inc. reached its earnings. The result was a negative outcome, and the stock moved -8.2% in the window around the event. It had already run -41.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.94
1d before
$2.70
Event day
$2.84
1d after
$2.81
5d after

Pre-catalyst setup

-41.7%
30-day run-up
7750%
30-day volatility
0.5×
volume spike