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November 17, 2020 · PDUFA decision

AZN PDUFA decision: a positive outcome, -2.0%

On November 17, 2020, AstraZeneca PLC reached its PDUFA decision. The result was a positive outcome, and the stock moved -2.0% in the window around the event. It had already run +5.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$112.58
1d before
$110.22
Event day
$110.32
1d after
$109.37
5d after

Pre-catalyst setup

+5.9%
30-day run-up
3929%
30-day volatility
0.3×
volume spike