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August 10, 2022 · earnings

NUVL earnings: a positive outcome, +12.3%

On August 10, 2022, Nuvalent, Inc. reached its earnings. The result was a positive outcome, and the stock moved +12.3% in the window around the event. It had already run -6.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$15.55
1d before
$17.47
Event day
$16.25
1d after
$16.99
5d after

Pre-catalyst setup

-6.7%
30-day run-up
8773%
30-day volatility
0.8×
volume spike