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May 5, 2022 · earnings

PBYI earnings: a negative outcome, -8.9%

On May 5, 2022, PUMA BIOTECHNOLOGY, INC. reached its earnings. The result was a negative outcome, and the stock moved -8.9% in the window around the event. It had already run -30.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.46
1d before
$2.24
Event day
$1.99
1d after
$1.82
5d after

Pre-catalyst setup

-30.0%
30-day run-up
5324%
30-day volatility
1.1×
volume spike