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May 5, 2020 · earnings

MGNX earnings: a positive outcome, +6.3%

On May 5, 2020, MacroGenics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.3% in the window around the event. It had already run +27.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$7.15
1d before
$7.60
Event day
$25.15
1d after
$20.34
5d after

Pre-catalyst setup

+27.5%
30-day run-up
10986%
30-day volatility
1.3×
volume spike