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August 13, 2024 · earnings

TELA earnings: a negative outcome, -22.9%

On August 13, 2024, TELA Bio, Inc. reached its earnings. The result was a negative outcome, and the stock moved -22.9% in the window around the event. It had already run -19.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$4.01
1d before
$3.09
Event day
$3.03
1d after
$3.11
5d after

Pre-catalyst setup

-19.4%
30-day run-up
3090%
30-day volatility
2.4×
volume spike