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February 28, 2022 · earnings

ALXO earnings: a positive outcome, +7.5%

On February 28, 2022, ALX ONCOLOGY HOLDINGS INC reached its earnings. The result was a positive outcome, and the stock moved +7.5% in the window around the event. It had already run +10.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$16.85
1d before
$18.12
Event day
$18.14
1d after
$16.63
5d after

Pre-catalyst setup

+10.9%
30-day run-up
7259%
30-day volatility
0.7×
volume spike