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February 22, 2021 · earnings

VCYT earnings: a negative outcome, -13.5%

On February 22, 2021, Veracyte, Inc. reached its earnings. The result was a negative outcome, and the stock moved -13.5% in the window around the event. It had already run +32.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$72.96
1d before
$63.09
Event day
$61.51
1d after
$58.06
5d after

Pre-catalyst setup

+32.1%
30-day run-up
9038%
30-day volatility
0.7×
volume spike