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August 1, 2019 · earnings

ORKA earnings: a negative outcome, -7.3%

On August 1, 2019, Oruka Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.3% in the window around the event. It had already run -6.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$82.20
1d before
$76.20
Event day
$73.44
1d after
$72.72
5d after

Pre-catalyst setup

-6.9%
30-day run-up
3594%
30-day volatility
0.5×
volume spike