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May 2, 2024 · earnings

CRDF earnings: a positive outcome, +5.9%

On May 2, 2024, Cardiff Oncology, Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.9% in the window around the event. It had already run -16.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$4.23
1d before
$4.48
Event day
$3.52
1d after
$3.31
5d after

Pre-catalyst setup

-16.9%
30-day run-up
7280%
30-day volatility
0.6×
volume spike