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August 9, 2023 · earnings

PMVP earnings: a positive outcome, +27.7%

On August 9, 2023, PMV Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +27.7% in the window around the event. It had already run -11.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$6.79
1d before
$8.67
Event day
$8.79
1d after
$8.15
5d after

Pre-catalyst setup

-11.2%
30-day run-up
6931%
30-day volatility
2.4×
volume spike