How did CERS' Q4 earnings surprise impact its stock?

Cerus' (CERS) Q4 earnings surprise had a negative impact on its stock, as the company's stock price fell by 11.49% following the release of the earnings report. The EPS surprise was only 0.01, which suggests that the earnings report did not contain any significant positive surprises that would have driven the stock price up. Instead, the market may have had concerns or reacted negatively to the information presented in the report, leading to the substantial drop in stock price. |code|Ticker|Name|Date|Percentage Change|Percentage Change YoY|market_code| |---|---|---|---|---|---|---| |CERS|CERS.O|Cerus|20240102|0||185| |CERS|CERS.O|Cerus|20240103|-6.0185||185| |CERS|CERS.O|Cerus|20240104|0||185| |CERS|CERS.O|Cerus|20240105|-3.4483||185| |CERS|CERS.O|Cerus|20240108|5.6122||185| |CERS|CERS.O|Cerus|20240109|-1.4493||185| |CERS|CERS.O|Cerus|20240110|-0.9804||185| |CERS|CERS.O|Cerus|20240111|-10.1485||185| |CERS|CERS.O|Cerus|20240112|-6.6116||185| |CERS|CERS.O|Cerus|20240116|-1.4749||185|