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November 27, 2023 · earnings

AVXL earnings: a negative outcome, -10.0%

On November 27, 2023, ANAVEX LIFE SCIENCES CORP. reached its earnings. The result was a negative outcome, and the stock moved -10.0% in the window around the event. It had already run +36.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$7.07
1d before
$6.36
Event day
$6.78
1d after
$7.57
5d after

Pre-catalyst setup

+36.0%
30-day run-up
6871%
30-day volatility
0.6×
volume spike