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August 10, 2023 · earnings

NBY earnings: a positive outcome, +6.1%

On August 10, 2023, NovaBay Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.1% in the window around the event. It had already run -6.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$120.16
1d before
$127.49
Event day
$118.39
1d after
$107.19
5d after

Pre-catalyst setup

-6.3%
30-day run-up
5661%
30-day volatility
0.9×
volume spike