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March 8, 2023 · earnings

TNYA earnings: a negative outcome, -7.0%

On March 8, 2023, Tenaya Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.0% in the window around the event. It had already run +7.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$3.59
1d before
$3.34
Event day
$2.92
1d after
$2.85
5d after

Pre-catalyst setup

+7.7%
30-day run-up
10703%
30-day volatility
1.0×
volume spike