CatalystAlert

Search CatalystAlert

Search for companies, drugs, and catalysts

Search CatalystAlert

Search for companies, drugs, and catalysts

July 31, 2020 · earnings

MGNX earnings: a negative outcome, -5.0%

On July 31, 2020, MacroGenics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -5.0% in the window around the event. It had already run -10.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$26.75
1d before
$25.40
Event day
$25.40
1d after
$27.12
5d after

Pre-catalyst setup

-10.7%
30-day run-up
4966%
30-day volatility
1.0×
volume spike