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February 28, 2023 · earnings

ALT earnings: a positive outcome, +6.4%

On February 28, 2023, Altimmune, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.4% 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

$11.83
1d before
$12.59
Event day
$12.05
1d after
$11.59
5d after

Pre-catalyst setup

-9.4%
30-day run-up
6584%
30-day volatility
0.6×
volume spike