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November 9, 2023 · earnings

NBY earnings: a positive outcome, +5.7%

On November 9, 2023, NovaBay Pharmaceuticals, Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.7% in the window around the event. It had already run -12.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$57.75
1d before
$61.06
Event day
$56.04
1d after
$57.75
5d after

Pre-catalyst setup

-12.3%
30-day run-up
5300%
30-day volatility
0.7×
volume spike