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March 18, 2024 · earnings

TNGX earnings: a negative outcome, -7.1%

On March 18, 2024, Tango Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.1% in the window around the event. It had already run -24.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$9.03
1d before
$8.39
Event day
$8.15
1d after
$7.73
5d after

Pre-catalyst setup

-24.6%
30-day run-up
5279%
30-day volatility
4.7×
volume spike