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March 21, 2022 · earnings

LENZ earnings: a negative outcome, -15.1%

On March 21, 2022, LENZ Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -15.1% in the window around the event. It had already run -9.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$56.84
1d before
$48.23
Event day
$43.12
1d after
$37.73
5d after

Pre-catalyst setup

-9.6%
30-day run-up
7031%
30-day volatility
9.0×
volume spike