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March 13, 2024 · earnings

SGMO earnings: a negative outcome, -8.1%

On March 13, 2024, Sangamo Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -8.1% in the window around the event. It had already run +13.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$0.86
1d before
$0.79
Event day
$0.78
1d after
$0.85
5d after

Pre-catalyst setup

+13.0%
30-day run-up
21262%
30-day volatility
0.4×
volume spike