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November 10, 2022 · earnings

CADL earnings: a positive outcome, +10.7%

On November 10, 2022, Candel Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +10.7% in the window around the event. It had already run -40.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$1.50
1d before
$1.66
Event day
$1.62
1d after
$1.81
5d after

Pre-catalyst setup

-40.1%
30-day run-up
14576%
30-day volatility
0.3×
volume spike