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October 7, 2019 · PDUFA decision

NVS PDUFA decision: a positive outcome, -1.0%

On October 7, 2019, Novartis AG reached its PDUFA decision. The result was a positive outcome, and the stock moved -1.0% in the window around the event.

The move

$83.41
1d before
$83.41
Event day
$82.54
1d after
$83.78
5d after

Pre-catalyst setup

-2.9%
30-day run-up
1488%
30-day volatility
1.1×
volume spike