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March 14, 2019 · earnings

XBIT earnings: a negative outcome, -5.4%

On March 14, 2019, XBiotech Inc. reached its earnings. The result was a negative outcome, and the stock moved -5.4% in the window around the event. It had already run +19.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$9.61
1d before
$9.09
Event day
$9.17
1d after
$10.60
5d after

Pre-catalyst setup

+19.6%
30-day run-up
8691%
30-day volatility
1.0×
volume spike