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March 6, 2024 · earnings

WVE earnings: a positive outcome, +31.3%

On March 6, 2024, Wave Life Sciences Ltd. reached its earnings. The result was a positive outcome, and the stock moved +31.3% in the window around the event. It had already run +32.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$4.79
1d before
$6.29
Event day
$6.82
1d after
$6.80
5d after

Pre-catalyst setup

+32.6%
30-day run-up
7884%
30-day volatility
0.8×
volume spike