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November 7, 2023 · earnings

ALEC earnings: a positive outcome, +5.1%

On November 7, 2023, Alector Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.1% in the window around the event. It had already run -12.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$5.47
1d before
$5.75
Event day
$5.33
1d after
$4.50
5d after

Pre-catalyst setup

-12.0%
30-day run-up
6400%
30-day volatility
1.0×
volume spike