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May 10, 2023 · earnings

FOLD earnings: a negative outcome, -5.0%

On May 10, 2023, Amicus Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -5.0% in the window around the event. It had already run +9.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$12.19
1d before
$11.58
Event day
$11.68
1d after
$11.20
5d after

Pre-catalyst setup

+9.7%
30-day run-up
3441%
30-day volatility
1.3×
volume spike