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October 11, 2019 · PDUFA decision

LLY PDUFA decision: a positive outcome, +1.3%

On October 11, 2019, Eli Lilly and Company reached its PDUFA decision. The result was a positive outcome, and the stock moved +1.3% in the window around the event. It had already run -5.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$106.92
1d before
$108.36
Event day
$108.36
1d after
$107.95
5d after

Pre-catalyst setup

-5.1%
30-day run-up
1871%
30-day volatility
0.9×
volume spike