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November 8, 2022 · earnings

AGEN earnings: a negative outcome, -6.7%

On November 8, 2022, AGENUS INC reached its earnings. The result was a negative outcome, and the stock moved -6.7% in the window around the event. It had already run -9.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$46.93
1d before
$43.78
Event day
$39.66
1d after
$49.28
5d after

Pre-catalyst setup

-9.0%
30-day run-up
5872%
30-day volatility
0.8×
volume spike