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May 7, 2020 · earnings

SVRA earnings: a positive outcome, +5.8%

On May 7, 2020, Savara Inc reached its earnings. The result was a positive outcome, and the stock moved +5.8% in the window around the event. It had already run +24.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.41
1d before
$2.55
Event day
$2.35
1d after
$2.46
5d after

Pre-catalyst setup

+24.0%
30-day run-up
9030%
30-day volatility
1.1×
volume spike