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February 7, 2023 · earnings

AVXL earnings: a positive outcome, +5.8%

On February 7, 2023, ANAVEX LIFE SCIENCES CORP. reached its earnings. The result was a positive outcome, and the stock moved +5.8% 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

$11.11
1d before
$11.75
Event day
$10.93
1d after
$10.54
5d after

Pre-catalyst setup

+12.6%
30-day run-up
5387%
30-day volatility
1.0×
volume spike