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May 4, 2023 · earnings

LXRX earnings: a positive outcome, +12.4%

On May 4, 2023, LEXICON PHARMACEUTICALS, INC. reached its earnings. The result was a positive outcome, and the stock moved +12.4% in the window around the event.

The move

$2.74
1d before
$3.08
Event day
$3.49
1d after
$3.03
5d after

Pre-catalyst setup

+4.3%
30-day run-up
7878%
30-day volatility
3.5×
volume spike