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November 14, 2018 · earnings

ORKA earnings: a negative outcome, -6.9%

On November 14, 2018, Oruka Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -6.9% in the window around the event. It had already run +12.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$155.51
1d before
$144.71
Event day
$116.64
1d after
$117.50
5d after

Pre-catalyst setup

+12.7%
30-day run-up
11351%
30-day volatility
0.3×
volume spike