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May 9, 2022 · earnings

VSTM earnings: a negative outcome, -9.5%

On May 9, 2022, Verastem, Inc. reached its earnings. The result was a negative outcome, and the stock moved -9.5% in the window around the event. It had already run -19.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$15.12
1d before
$13.68
Event day
$14.46
1d after
$12.96
5d after

Pre-catalyst setup

-19.2%
30-day run-up
9955%
30-day volatility
0.5×
volume spike