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March 13, 2023 · earnings

CLNN earnings: a positive outcome, +7.9%

On March 13, 2023, Clene Inc. reached its earnings. The result was a positive outcome, and the stock moved +7.9% in the window around the event. It had already run -6.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$25.20
1d before
$27.20
Event day
$26.20
1d after
$25.40
5d after

Pre-catalyst setup

-6.7%
30-day run-up
6552%
30-day volatility
0.4×
volume spike