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May 14, 2021 · earnings

SLDB earnings: a negative outcome, -21.4%

On May 14, 2021, Solid Biosciences Inc. reached its earnings. The result was a negative outcome, and the stock moved -21.4% in the window around the event. It had already run -12.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$66.60
1d before
$52.35
Event day
$52.35
1d after
$56.10
5d after

Pre-catalyst setup

-12.6%
30-day run-up
3664%
30-day volatility
0.8×
volume spike