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November 10, 2022 · earnings

DFTX earnings: a positive outcome, +7.9%

On November 10, 2022, Definium Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +7.9% in the window around the event. It had already run -11.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.41
1d before
$2.60
Event day
$2.89
1d after
$2.86
5d after

Pre-catalyst setup

-11.4%
30-day run-up
6906%
30-day volatility
0.7×
volume spike