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August 8, 2023 · earnings

FOLD earnings: a positive outcome, +10.5%

On August 8, 2023, Amicus Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +10.5% 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

$12.54
1d before
$13.86
Event day
$13.69
1d after
$13.42
5d after

Pre-catalyst setup

+11.5%
30-day run-up
3442%
30-day volatility
1.2×
volume spike