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August 11, 2023 · earnings

DWTX earnings: a negative outcome, -20.3%

On August 11, 2023, Dogwood Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -20.3% in the window around the event. It had already run -11.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$27.00
1d before
$21.52
Event day
$21.52
1d after
$25.50
5d after

Pre-catalyst setup

-11.5%
30-day run-up
15676%
30-day volatility
5.3×
volume spike