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August 8, 2023 · earnings

AGEN earnings: a negative outcome, -8.1%

On August 8, 2023, AGENUS INC reached its earnings. The result was a negative outcome, and the stock moved -8.1% in the window around the event. It had already run -11.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$27.20
1d before
$25.00
Event day
$25.60
1d after
$27.00
5d after

Pre-catalyst setup

-11.0%
30-day run-up
4212%
30-day volatility
2.5×
volume spike