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March 15, 2022 · earnings

ALT earnings: a negative outcome, -8.2%

On March 15, 2022, Altimmune, Inc. reached its earnings. The result was a negative outcome, and the stock moved -8.2% in the window around the event. It had already run -9.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$6.43
1d before
$5.90
Event day
$6.57
1d after
$7.21
5d after

Pre-catalyst setup

-9.4%
30-day run-up
6862%
30-day volatility
2.4×
volume spike