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May 12, 2022 · earnings

CTKB earnings: a positive outcome, +9.7%

On May 12, 2022, Cytek Biosciences, Inc. reached its earnings. The result was a positive outcome, and the stock moved +9.7% in the window around the event. It had already run -23.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$7.41
1d before
$8.13
Event day
$9.38
1d after
$10.10
5d after

Pre-catalyst setup

-23.4%
30-day run-up
6372%
30-day volatility
0.7×
volume spike