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November 7, 2023 · earnings

CLNN earnings: a positive outcome, +8.0%

On November 7, 2023, Clene Inc. reached its earnings. The result was a positive outcome, and the stock moved +8.0% in the window around the event. It had already run -25.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$7.78
1d before
$8.40
Event day
$8.32
1d after
$9.00
5d after

Pre-catalyst setup

-25.2%
30-day run-up
5159%
30-day volatility
0.8×
volume spike