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May 9, 2024 · earnings

FOLD earnings: a negative outcome, -6.5%

On May 9, 2024, Amicus Therapeutics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -6.5% in the window around the event. It had already run -12.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$10.14
1d before
$9.48
Event day
$9.23
1d after
$9.33
5d after

Pre-catalyst setup

-12.0%
30-day run-up
3433%
30-day volatility
0.9×
volume spike