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May 7, 2024 · earnings

AGEN earnings: a negative outcome, -7.3%

On May 7, 2024, AGENUS INC reached its earnings. The result was a negative outcome, and the stock moved -7.3% in the window around the event. It had already run +29.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$12.95
1d before
$12.01
Event day
$11.47
1d after
$10.49
5d after

Pre-catalyst setup

+29.7%
30-day run-up
20294%
30-day volatility
0.4×
volume spike