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May 12, 2023 · earnings

ZURA earnings: a negative outcome, -18.7%

On May 12, 2023, Zura Bio Ltd reached its earnings. The result was a negative outcome, and the stock moved -18.7% in the window around the event. It had already run -62.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$7.43
1d before
$6.04
Event day
$6.04
1d after
$5.31
5d after

Pre-catalyst setup

-62.4%
30-day run-up
15876%
30-day volatility
20.2×
volume spike