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May 7, 2024 · earnings

ZNTL earnings: a positive outcome, +5.0%

On May 7, 2024, Zentalis Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.0% in the window around the event. It had already run -22.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$11.72
1d before
$12.31
Event day
$12.43
1d after
$12.54
5d after

Pre-catalyst setup

-22.3%
30-day run-up
6537%
30-day volatility
0.4×
volume spike