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May 14, 2024 · earnings

FENC earnings: a negative outcome, -26.7%

On May 14, 2024, FENNEC PHARMACEUTICALS INC. reached its earnings. The result was a negative outcome, and the stock moved -26.7% in the window around the event. It had already run -7.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$10.02
1d before
$7.34
Event day
$6.98
1d after
$7.04
5d after

Pre-catalyst setup

-7.1%
30-day run-up
3223%
30-day volatility
1.1×
volume spike