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May 10, 2023 · earnings

PMVP earnings: a positive outcome, +8.3%

On May 10, 2023, PMV Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +8.3% in the window around the event. It had already run +24.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$5.04
1d before
$5.46
Event day
$5.64
1d after
$5.78
5d after

Pre-catalyst setup

+24.4%
30-day run-up
6326%
30-day volatility
0.7×
volume spike