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March 10, 2023 · earnings

LPCN earnings: a negative outcome, -26.8%

On March 10, 2023, Lipocine Inc. reached its earnings. The result was a negative outcome, and the stock moved -26.8% in the window around the event. It had already run -19.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$7.14
1d before
$5.23
Event day
$5.23
1d after
$5.25
5d after

Pre-catalyst setup

-19.2%
30-day run-up
4231%
30-day volatility
0.8×
volume spike