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May 10, 2023 · earnings

TCRX earnings: a positive outcome, +42.6%

On May 10, 2023, TScan Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +42.6% in the window around the event. It had already run +10.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$3.40
1d before
$4.85
Event day
$4.50
1d after
$4.03
5d after

Pre-catalyst setup

+10.6%
30-day run-up
24453%
30-day volatility
22.8×
volume spike