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March 23, 2023 · earnings

ELUT earnings: a positive outcome, +17.6%

On March 23, 2023, ELUTIA INC. reached its earnings. The result was a positive outcome, and the stock moved +17.6% in the window around the event. It had already run -67.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$1.19
1d before
$1.40
Event day
$1.47
1d after
$1.74
5d after

Pre-catalyst setup

-67.8%
30-day run-up
22105%
30-day volatility
4.6×
volume spike