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.