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April 1, 2024 · earnings

CARM earnings: a negative outcome, -7.9%

On April 1, 2024, Carisma Therapeutics Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.9% in the window around the event. It had already run -12.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.27
1d before
$2.09
Event day
$2.01
1d after
$1.82
5d after

Pre-catalyst setup

-12.4%
30-day run-up
7902%
30-day volatility
1.2×
volume spike