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November 14, 2022 · earnings

ELTX earnings: a negative outcome, -7.1%

On November 14, 2022, Elicio Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.1% in the window around the event. It had already run -5.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$9.69
1d before
$9.00
Event day
$8.50
1d after
$8.62
5d after

Pre-catalyst setup

-5.0%
30-day run-up
7139%
30-day volatility
0.6×
volume spike