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February 28, 2023 · earnings

AUPH earnings: a positive outcome, +9.1%

On February 28, 2023, Aurinia Pharmaceuticals Inc. reached its earnings. The result was a positive outcome, and the stock moved +9.1% in the window around the event. It had already run -12.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$8.33
1d before
$9.09
Event day
$8.99
1d after
$8.99
5d after

Pre-catalyst setup

-12.6%
30-day run-up
5317%
30-day volatility
1.2×
volume spike