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May 3, 2022 · earnings

LTRN earnings: a positive outcome, +5.0%

On May 3, 2022, Lantern Pharma Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.0% in the window around the event. It had already run -17.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$5.77
1d before
$6.06
Event day
$6.19
1d after
$6.15
5d after

Pre-catalyst setup

-17.6%
30-day run-up
5507%
30-day volatility
0.8×
volume spike