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May 2, 2024 · earnings

RLAY earnings: a positive outcome, +6.3%

On May 2, 2024, Relay Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.3% in the window around the event. It had already run -13.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$6.66
1d before
$7.08
Event day
$7.04
1d after
$6.74
5d after

Pre-catalyst setup

-13.3%
30-day run-up
5792%
30-day volatility
1.2×
volume spike