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February 24, 2022 · earnings

IOVA earnings: a positive outcome, +5.2%

On February 24, 2022, Iovance Biotherapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.2% in the window around the event. It had already run +9.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$14.11
1d before
$14.85
Event day
$15.55
1d after
$15.43
5d after

Pre-catalyst setup

+9.1%
30-day run-up
7917%
30-day volatility
1.2×
volume spike