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November 9, 2023 · earnings

ORMP earnings: a negative outcome, -5.8%

On November 9, 2023, ORAMED PHARMACEUTICALS INC. reached its earnings. The result was a negative outcome, and the stock moved -5.8% in the window around the event. It had already run -18.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.07
1d before
$1.95
Event day
$1.92
1d after
$2.05
5d after

Pre-catalyst setup

-18.4%
30-day run-up
6376%
30-day volatility
1.8×
volume spike