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March 3, 2023 · earnings

LXRX earnings: a positive outcome, +22.9%

On March 3, 2023, LEXICON PHARMACEUTICALS, INC. reached its earnings. The result was a positive outcome, and the stock moved +22.9% in the window around the event.

The move

$2.18
1d before
$2.68
Event day
$2.68
1d after
$2.44
5d after

Pre-catalyst setup

-0.9%
30-day run-up
7175%
30-day volatility
0.8×
volume spike