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November 8, 2023 · earnings

PEPG earnings: a negative outcome, -10.4%

On November 8, 2023, PepGen Inc. reached its earnings. The result was a negative outcome, and the stock moved -10.4% in the window around the event. It had already run +6.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$5.00
1d before
$4.48
Event day
$4.07
1d after
$4.34
5d after

Pre-catalyst setup

+6.9%
30-day run-up
6140%
30-day volatility
0.3×
volume spike