Castellum AB ADR has returned -40.6% from $45.00 since 2021, trailing SPY's +70.5% over the same period. The stock hit an all-time high of $45.00 in Apr 2021 and is currently 40.6% below that level. Of 20 tracked news events, 30% produced a positive market-adjusted return.
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Every dot on the chart is a news event. The return shown is market-adjusted (vs SPY). Green = stock outperformed. Red = underperformed. Dot size = magnitude of reaction.
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