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May 8, 2024 · earnings

SANA earnings: a negative outcome, -5.5%

On May 8, 2024, Sana Biotechnology, Inc. reached its earnings. The result was a negative outcome, and the stock moved -5.5% in the window around the event. It had already run +14.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$10.04
1d before
$9.49
Event day
$7.50
1d after
$7.91
5d after

Pre-catalyst setup

+14.9%
30-day run-up
6176%
30-day volatility
0.5×
volume spike