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May 8, 2023 · earnings

SGMO earnings: a negative outcome, -5.2%

On May 8, 2023, Sangamo Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -5.2% in the window around the event. It had already run -17.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$1.34
1d before
$1.27
Event day
$1.28
1d after
$1.31
5d after

Pre-catalyst setup

-17.8%
30-day run-up
10106%
30-day volatility
0.5×
volume spike