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May 15, 2024 · earnings

RNAZ earnings: a positive outcome, +10.5%

On May 15, 2024, Transcode Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +10.5% in the window around the event. It had already run +163.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$674.52
1d before
$745.67
Event day
$817.74
1d after
$1099.56
5d after

Pre-catalyst setup

+163.1%
30-day run-up
29204%
30-day volatility
1.9×
volume spike