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May 11, 2021 · earnings

PCVX earnings: a positive outcome, +5.4%

On May 11, 2021, Vaxcyte, Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.4% in the window around the event. It had already run -12.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$16.45
1d before
$17.34
Event day
$18.67
1d after
$19.24
5d after

Pre-catalyst setup

-12.8%
30-day run-up
6600%
30-day volatility
1.2×
volume spike