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May 15, 2023 · earnings

KOD earnings: a positive outcome, +12.6%

On May 15, 2023, Kodiak Sciences Inc reached its earnings. The result was a positive outcome, and the stock moved +12.6% in the window around the event. It had already run -6.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$4.68
1d before
$5.27
Event day
$5.82
1d after
$5.91
5d after

Pre-catalyst setup

-6.4%
30-day run-up
6151%
30-day volatility
0.9×
volume spike