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May 11, 2023 · earnings

TIL earnings: a negative outcome, -7.4%

On May 11, 2023, Instil Bio, Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.4% in the window around the event. It had already run +8.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$13.32
1d before
$12.34
Event day
$12.26
1d after
$12.27
5d after

Pre-catalyst setup

+8.0%
30-day run-up
3654%
30-day volatility
2.2×
volume spike