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November 13, 2023 · earnings

ALXO earnings: a positive outcome, +8.1%

On November 13, 2023, ALX ONCOLOGY HOLDINGS INC reached its earnings. The result was a positive outcome, and the stock moved +8.1% in the window around the event. It had already run -14.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$7.80
1d before
$8.43
Event day
$8.83
1d after
$9.50
5d after

Pre-catalyst setup

-14.6%
30-day run-up
9221%
30-day volatility
0.6×
volume spike