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February 29, 2024 · earnings

PBYI earnings: a negative outcome, -5.8%

On February 29, 2024, PUMA BIOTECHNOLOGY, INC. reached its earnings. The result was a negative outcome, and the stock moved -5.8% in the window around the event. It had already run +36.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$6.60
1d before
$6.22
Event day
$5.89
1d after
$5.18
5d after

Pre-catalyst setup

+36.0%
30-day run-up
10260%
30-day volatility
1.1×
volume spike