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August 2, 2022 · earnings

RIGL earnings: a positive outcome, +7.4%

On August 2, 2022, RIGEL PHARMACEUTICALS INC reached its earnings. The result was a positive outcome, and the stock moved +7.4% in the window around the event.

The move

$12.10
1d before
$13.00
Event day
$14.10
1d after
$15.20
5d after

Pre-catalyst setup

-4.8%
30-day run-up
9308%
30-day volatility
0.8×
volume spike