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September 28, 2023 · PDUFA decision

FOLD PDUFA decision: a negative outcome, -7.9%

On September 28, 2023, Amicus Therapeutics, Inc. reached its PDUFA decision. The result was a negative outcome, and the stock moved -7.9% in the window around the event. It had already run -7.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$12.88
1d before
$11.86
Event day
$12.16
1d after
$11.03
5d after

Pre-catalyst setup

-7.4%
30-day run-up
4089%
30-day volatility
1.2×
volume spike