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May 9, 2023 · earnings

QNRX earnings: a negative outcome, -14.2%

On May 9, 2023, Quoin Pharmaceuticals, Ltd. reached its earnings. The result was a negative outcome, and the stock moved -14.2% in the window around the event. It had already run +6.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$238.75
1d before
$204.77
Event day
$202.75
1d after
$205.02
5d after

Pre-catalyst setup

+6.4%
30-day run-up
8300%
30-day volatility
5.3×
volume spike