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March 16, 2018 · earnings

KALV earnings: a positive outcome, +9.2%

On March 16, 2018, KalVista Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +9.2% in the window around the event. It had already run -8.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$9.22
1d before
$10.07
Event day
$10.07
1d after
$10.30
5d after

Pre-catalyst setup

-8.0%
30-day run-up
3432%
30-day volatility
1.1×
volume spike