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November 14, 2023 · earnings

PMN earnings: a negative outcome, -12.2%

On November 14, 2023, ProMIS Neurosciences Inc. reached its earnings. The result was a negative outcome, and the stock moved -12.2% in the window around the event. It had already run -22.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$37.50
1d before
$32.92
Event day
$36.00
1d after
$33.75
5d after

Pre-catalyst setup

-22.9%
30-day run-up
6642%
30-day volatility
0.3×
volume spike