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April 27, 2023 · earnings

PMN earnings: a positive outcome, +19.9%

On April 27, 2023, ProMIS Neurosciences Inc. reached its earnings. The result was a positive outcome, and the stock moved +19.9% in the window around the event. It had already run +36.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$169.75
1d before
$203.50
Event day
$172.00
1d after
$174.37
5d after

Pre-catalyst setup

+36.0%
30-day run-up
6045%
30-day volatility
0.4×
volume spike