CatalystAlert

Search CatalystAlert

Search for companies, drugs, and catalysts

Search CatalystAlert

Search for companies, drugs, and catalysts

May 15, 2024 · earnings

ELDN earnings: a positive outcome, +7.3%

On May 15, 2024, Eledon Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +7.3% in the window around the event. It had already run +40.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.34
1d before
$2.51
Event day
$2.80
1d after
$3.12
5d after

Pre-catalyst setup

+40.9%
30-day run-up
12825%
30-day volatility
0.5×
volume spike