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August 5, 2020 · earnings

VCEL earnings: a negative outcome, -5.4%

On August 5, 2020, Vericel Corporation reached its earnings. The result was a negative outcome, and the stock moved -5.4% in the window around the event. It had already run +11.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$16.82
1d before
$15.92
Event day
$15.17
1d after
$15.98
5d after

Pre-catalyst setup

+11.4%
30-day run-up
3438%
30-day volatility
0.9×
volume spike