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June 15, 2020 · PDUFA decision

JAZZ PDUFA decision: a positive outcome, +5.6%

On June 15, 2020, Jazz Pharmaceuticals plc reached its PDUFA decision. The result was a positive outcome, and the stock moved +5.6% in the window around the event. It had already run -5.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$104.68
1d before
$110.50
Event day
$111.58
1d after
$113.97
5d after

Pre-catalyst setup

-5.8%
30-day run-up
4750%
30-day volatility