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May 12, 2023 · earnings

CVM earnings: a negative outcome, -11.4%

On May 12, 2023, CEL SCI CORP reached its earnings. The result was a negative outcome, and the stock moved -11.4% in the window around the event. It had already run +14.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$81.31
1d before
$72.01
Event day
$72.01
1d after
$81.01
5d after

Pre-catalyst setup

+14.5%
30-day run-up
9599%
30-day volatility
0.4×
volume spike