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March 9, 2023 · earnings

KALV earnings: a negative outcome, -5.4%

On March 9, 2023, KalVista Pharmaceuticals, Inc. reached its earnings. The result was a negative outcome, and the stock moved -5.4% in the window around the event. It had already run -8.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$7.77
1d before
$7.35
Event day
$6.96
1d after
$7.67
5d after

Pre-catalyst setup

-8.2%
30-day run-up
5494%
30-day volatility
0.5×
volume spike