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March 9, 2022 · earnings

TCRX earnings: a positive outcome, +5.4%

On March 9, 2022, TScan Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.4% in the window around the event. It had already run -27.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$3.70
1d before
$3.90
Event day
$3.99
1d after
$3.64
5d after

Pre-catalyst setup

-27.7%
30-day run-up
4613%
30-day volatility
0.9×
volume spike