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May 7, 2020 · earnings

SLDB earnings: a negative outcome, -14.3%

On May 7, 2020, Solid Biosciences Inc. reached its earnings. The result was a negative outcome, and the stock moved -14.3% in the window around the event. It had already run +23.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$42.90
1d before
$36.75
Event day
$37.65
1d after
$39.75
5d after

Pre-catalyst setup

+23.5%
30-day run-up
10177%
30-day volatility
1.4×
volume spike