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March 7, 2024 · earnings

ALXO earnings: a positive outcome, +10.0%

On March 7, 2024, ALX ONCOLOGY HOLDINGS INC reached its earnings. The result was a positive outcome, and the stock moved +10.0% in the window around the event. It had already run -6.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$14.77
1d before
$16.24
Event day
$15.21
1d after
$12.37
5d after

Pre-catalyst setup

-6.0%
30-day run-up
8263%
30-day volatility
0.8×
volume spike