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November 7, 2023 · earnings

CRVS earnings: a positive outcome, +6.8%

On November 7, 2023, Corvus Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.8% in the window around the event. It had already run -8.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$1.48
1d before
$1.58
Event day
$1.60
1d after
$1.39
5d after

Pre-catalyst setup

-8.1%
30-day run-up
7563%
30-day volatility
2.2×
volume spike