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March 22, 2024 · earnings

TELA earnings: a positive outcome, +7.1%

On March 22, 2024, TELA Bio, Inc. reached its earnings. The result was a positive outcome, and the stock moved +7.1% in the window around the event. It had already run -23.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$5.35
1d before
$5.73
Event day
$5.73
1d after
$5.61
5d after

Pre-catalyst setup

-23.6%
30-day run-up
4663%
30-day volatility
2.1×
volume spike