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March 6, 2024 · earnings

PEPG earnings: a negative outcome, -7.3%

On March 6, 2024, PepGen Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.3% in the window around the event. It had already run +56.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$16.63
1d before
$15.41
Event day
$14.18
1d after
$14.13
5d after

Pre-catalyst setup

+56.4%
30-day run-up
11559%
30-day volatility
0.5×
volume spike