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August 30, 2018 · earnings

REPL earnings: a negative outcome, -9.2%

On August 30, 2018, Replimune Group, Inc. reached its earnings. The result was a negative outcome, and the stock moved -9.2% in the window around the event. It had already run +12.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$20.54
1d before
$18.65
Event day
$19.29
1d after
$22.14
5d after

Pre-catalyst setup

+12.1%
30-day run-up
6002%
30-day volatility
0.7×
volume spike