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March 14, 2024 · earnings

ALLO earnings: a negative outcome, -7.8%

On March 14, 2024, Allogene Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.8% in the window around the event. It had already run +10.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$4.88
1d before
$4.50
Event day
$4.66
1d after
$4.39
5d after

Pre-catalyst setup

+10.2%
30-day run-up
7346%
30-day volatility
1.2×
volume spike