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November 28, 2022 · earnings

AVXL earnings: a negative outcome, -23.5%

On November 28, 2022, ANAVEX LIFE SCIENCES CORP. reached its earnings. The result was a negative outcome, and the stock moved -23.5% in the window around the event.

The move

$11.89
1d before
$9.10
Event day
$8.94
1d after
$12.05
5d after

Pre-catalyst setup

-3.0%
30-day run-up
8392%
30-day volatility
0.8×
volume spike