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November 9, 2023 · earnings

AGEN earnings: a negative outcome, -10.3%

On November 9, 2023, AGENUS INC reached its earnings. The result was a negative outcome, and the stock moved -10.3% in the window around the event. It had already run -27.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$16.80
1d before
$15.07
Event day
$13.00
1d after
$14.62
5d after

Pre-catalyst setup

-27.0%
30-day run-up
8317%
30-day volatility
1.9×
volume spike