CatalystAlert

Search CatalystAlert

Search for companies, drugs, and catalysts

Search CatalystAlert

Search for companies, drugs, and catalysts

March 23, 2023 · earnings

TECX earnings: a negative outcome, -27.6%

On March 23, 2023, Tectonic Therapeutic, Inc. reached its earnings. The result was a negative outcome, and the stock moved -27.6% in the window around the event. It had already run -23.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$14.76
1d before
$10.68
Event day
$11.70
1d after
$12.60
5d after

Pre-catalyst setup

-23.1%
30-day run-up
8978%
30-day volatility
0.3×
volume spike