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March 14, 2019 · earnings

KALV earnings: a positive outcome, +18.6%

On March 14, 2019, KalVista Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +18.6% in the window around the event. It had already run +16.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$26.23
1d before
$31.10
Event day
$28.95
1d after
$28.22
5d after

Pre-catalyst setup

+16.9%
30-day run-up
7241%
30-day volatility
3.5×
volume spike