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December 16, 2020 · PDUFA decision

MGNX PDUFA decision: a positive outcome, -0.3%

On December 16, 2020, MacroGenics, Inc. reached its PDUFA decision. The result was a positive outcome, and the stock moved -0.3% in the window around the event. It had already run +12.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$24.73
1d before
$24.72
Event day
$24.65
1d after
$25.07
5d after

Pre-catalyst setup

+12.8%
30-day run-up
5017%
30-day volatility
1.6×
volume spike