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April 25, 2024 · earnings

CADL earnings: a positive outcome, +6.3%

On April 25, 2024, Candel Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.3% in the window around the event. It had already run +271.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$6.05
1d before
$6.43
Event day
$6.39
1d after
$7.05
5d after

Pre-catalyst setup

+271.8%
30-day run-up
98682%
30-day volatility
0.0×
volume spike