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March 8, 2023 · earnings

XERS earnings: a negative outcome, -11.8%

On March 8, 2023, Xeris Biopharma Holdings, Inc. reached its earnings. The result was a negative outcome, and the stock moved -11.8% in the window around the event. It had already run +22.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$1.53
1d before
$1.35
Event day
$1.25
1d after
$1.21
5d after

Pre-catalyst setup

+22.9%
30-day run-up
7777%
30-day volatility
1.4×
volume spike