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November 24, 2021 · earnings

AVXL earnings: a positive outcome, +5.7%

On November 24, 2021, ANAVEX LIFE SCIENCES CORP. reached its earnings. The result was a positive outcome, and the stock moved +5.7% in the window around the event. It had already run +13.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$17.97
1d before
$18.99
Event day
$18.99
1d after
$20.44
5d after

Pre-catalyst setup

+13.3%
30-day run-up
6381%
30-day volatility
2.0×
volume spike