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May 9, 2024 · earnings

ALT earnings: a positive outcome, +7.8%

On May 9, 2024, Altimmune, Inc. reached its earnings. The result was a positive outcome, and the stock moved +7.8% in the window around the event. It had already run -12.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$7.16
1d before
$7.72
Event day
$7.22
1d after
$7.82
5d after

Pre-catalyst setup

-12.4%
30-day run-up
7508%
30-day volatility
1.5×
volume spike