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May 9, 2024 · earnings

COYA earnings: a positive outcome, +5.4%

On May 9, 2024, Coya Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.4% in the window around the event. It had already run -10.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$8.03
1d before
$8.46
Event day
$8.21
1d after
$8.25
5d after

Pre-catalyst setup

-10.8%
30-day run-up
5250%
30-day volatility
0.7×
volume spike