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November 7, 2022 · earnings

CLNN earnings: a negative outcome, -12.7%

On November 7, 2022, Clene Inc. reached its earnings. The result was a negative outcome, and the stock moved -12.7% in the window around the event. It had already run -35.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$22.20
1d before
$19.38
Event day
$19.00
1d after
$18.60
5d after

Pre-catalyst setup

-35.8%
30-day run-up
10774%
30-day volatility
0.6×
volume spike