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November 1, 2024 · PDUFA decision

DERM PDUFA decision: a positive outcome, +7.3%

On November 1, 2024, Journey Medical Corporation reached its PDUFA decision. The result was a positive outcome, and the stock moved +7.3% in the window around the event. It had already run -8.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$5.75
1d before
$6.17
Event day
$6.17
1d after
$5.44
5d after

Pre-catalyst setup

-8.5%
30-day run-up
6459%
30-day volatility