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August 4, 2022 · earnings

XOMA earnings: a negative outcome, -6.6%

On August 4, 2022, XOMA Royalty Corp reached its earnings. The result was a negative outcome, and the stock moved -6.6% in the window around the event. It had already run +8.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$21.83
1d before
$20.38
Event day
$20.84
1d after
$19.27
5d after

Pre-catalyst setup

+8.9%
30-day run-up
8487%
30-day volatility
0.4×
volume spike