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August 7, 2023 · earnings

KYNB earnings: a negative outcome, -7.3%

On August 7, 2023, KYNTRA BIO, INC. reached its earnings. The result was a negative outcome, and the stock moved -7.3% in the window around the event. It had already run -29.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$47.75
1d before
$44.25
Event day
$36.00
1d after
$33.50
5d after

Pre-catalyst setup

-29.3%
30-day run-up
5868%
30-day volatility
0.6×
volume spike