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March 18, 2024 · earnings

LTRN earnings: a positive outcome, +14.5%

On March 18, 2024, Lantern Pharma Inc. reached its earnings. The result was a positive outcome, and the stock moved +14.5% in the window around the event. It had already run +110.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$8.70
1d before
$9.96
Event day
$7.49
1d after
$10.65
5d after

Pre-catalyst setup

+110.1%
30-day run-up
20222%
30-day volatility
1.8×
volume spike