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March 28, 2023 · earnings

PROK earnings: a negative outcome, -7.4%

On March 28, 2023, PROKIDNEY CORP. reached its earnings. The result was a negative outcome, and the stock moved -7.4% in the window around the event. It had already run +9.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$12.99
1d before
$12.03
Event day
$11.72
1d after
$11.32
5d after

Pre-catalyst setup

+9.7%
30-day run-up
11296%
30-day volatility
1.4×
volume spike