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May 1, 2023 · earnings

CADL earnings: a positive outcome, +5.4%

On May 1, 2023, Candel Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.4% in the window around the event.

The move

$1.29
1d before
$1.36
Event day
$1.57
1d after
$1.65
5d after

Pre-catalyst setup

-4.4%
30-day run-up
12260%
30-day volatility
0.7×
volume spike