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March 17, 2022 · earnings

TECX earnings: a positive outcome, +8.3%

On March 17, 2022, Tectonic Therapeutic, Inc. reached its earnings. The result was a positive outcome, and the stock moved +8.3% in the window around the event. It had already run -17.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$17.28
1d before
$18.72
Event day
$19.20
1d after
$19.44
5d after

Pre-catalyst setup

-17.5%
30-day run-up
6260%
30-day volatility
0.5×
volume spike