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April 30, 2024 · earnings

LYRA earnings: a positive outcome, +9.1%

On April 30, 2024, Lyra Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +9.1% in the window around the event. It had already run -24.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$236.50
1d before
$258.00
Event day
$262.50
1d after
$201.50
5d after

Pre-catalyst setup

-24.1%
30-day run-up
5516%
30-day volatility
0.8×
volume spike