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August 9, 2022 · earnings

ALLO earnings: a negative outcome, -5.8%

On August 9, 2022, Allogene Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -5.8% in the window around the event. It had already run +28.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$15.96
1d before
$15.03
Event day
$16.20
1d after
$17.25
5d after

Pre-catalyst setup

+28.5%
30-day run-up
7654%
30-day volatility
1.3×
volume spike