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March 29, 2022 · earnings

NUVL earnings: a positive outcome, +7.5%

On March 29, 2022, Nuvalent, Inc. reached its earnings. The result was a positive outcome, and the stock moved +7.5% in the window around the event. It had already run -18.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$12.29
1d before
$13.21
Event day
$14.08
1d after
$14.77
5d after

Pre-catalyst setup

-18.6%
30-day run-up
10200%
30-day volatility
0.5×
volume spike