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April 28, 2023 · earnings

NBY earnings: a negative outcome, -16.7%

On April 28, 2023, NovaBay Pharmaceuticals, Inc. reached its earnings. The result was a negative outcome, and the stock moved -16.7% in the window around the event. It had already run -20.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$241.51
1d before
$201.26
Event day
$201.26
1d after
$180.26
5d after

Pre-catalyst setup

-20.0%
30-day run-up
8221%
30-day volatility
0.2×
volume spike