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August 1, 2024 · earnings

APLS earnings: a negative outcome, -9.1%

On August 1, 2024, Apellis Pharmaceuticals, Inc. reached its earnings. The result was a negative outcome, and the stock moved -9.1% in the window around the event. It had already run +12.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$39.60
1d before
$36.00
Event day
$36.56
1d after
$35.11
5d after

Pre-catalyst setup

+12.3%
30-day run-up
3468%
30-day volatility
1.3×
volume spike