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September 14, 2018 · earnings

KALV earnings: a positive outcome, +10.4%

On September 14, 2018, KalVista Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +10.4% in the window around the event. It had already run +29.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$15.55
1d before
$17.17
Event day
$17.17
1d after
$16.26
5d after

Pre-catalyst setup

+29.4%
30-day run-up
9908%
30-day volatility
0.9×
volume spike