CatalystAlert

Search CatalystAlert

Search for companies, drugs, and catalysts

Search CatalystAlert

Search for companies, drugs, and catalysts

May 4, 2023 · earnings

RNAC earnings: a negative outcome, -7.0%

On May 4, 2023, Cartesian Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.0% in the window around the event. It had already run -13.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$29.90
1d before
$27.82
Event day
$28.08
1d after
$30.68
5d after

Pre-catalyst setup

-13.7%
30-day run-up
7482%
30-day volatility
0.8×
volume spike