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October 28, 2022 · earnings

VRTX earnings: a positive outcome, +9.0%

On October 28, 2022, Vertex Pharmaceuticals Incorporated reached its earnings. The result was a positive outcome, and the stock moved +9.0% in the window around the event. It had already run +5.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$287.89
1d before
$313.89
Event day
$313.89
1d after
$310.01
5d after

Pre-catalyst setup

+5.7%
30-day run-up
3677%
30-day volatility
2.8×
volume spike