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August 9, 2022 · earnings

AVXL earnings: a negative outcome, -5.7%

On August 9, 2022, ANAVEX LIFE SCIENCES CORP. reached its earnings. The result was a negative outcome, and the stock moved -5.7% in the window around the event. It had already run -8.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$11.45
1d before
$10.80
Event day
$11.67
1d after
$11.65
5d after

Pre-catalyst setup

-8.8%
30-day run-up
7950%
30-day volatility
1.0×
volume spike