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November 6, 2018 · earnings

CTMX earnings: a negative outcome, -8.8%

On November 6, 2018, CytomX Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -8.8% in the window around the event. It had already run -12.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$13.98
1d before
$12.75
Event day
$15.95
1d after
$15.00
5d after

Pre-catalyst setup

-12.1%
30-day run-up
7282%
30-day volatility
0.7×
volume spike