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November 3, 2022 · earnings

VCYT earnings: a positive outcome, +24.3%

On November 3, 2022, Veracyte, Inc. reached its earnings. The result was a positive outcome, and the stock moved +24.3% in the window around the event. It had already run +7.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$19.50
1d before
$24.23
Event day
$24.38
1d after
$24.96
5d after

Pre-catalyst setup

+7.9%
30-day run-up
7437%
30-day volatility
1.1×
volume spike