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March 16, 2018 · earnings

XBIT earnings: a positive outcome, +8.9%

On March 16, 2018, XBiotech Inc. reached its earnings. The result was a positive outcome, and the stock moved +8.9% in the window around the event.

The move

$4.47
1d before
$4.87
Event day
$4.87
1d after
$4.70
5d after

Pre-catalyst setup

-0.4%
30-day run-up
3247%
30-day volatility
1.0×
volume spike