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March 30, 2023 · earnings

ELDN earnings: a positive outcome, +5.9%

On March 30, 2023, Eledon Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.9% in the window around the event.

The move

$2.37
1d before
$2.51
Event day
$2.36
1d after
$1.95
5d after

Pre-catalyst setup

-1.7%
30-day run-up
7738%
30-day volatility
0.5×
volume spike