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August 3, 2023 · earnings

QNRX earnings: a positive outcome, +6.3%

On August 3, 2023, Quoin Pharmaceuticals, Ltd. reached its earnings. The result was a positive outcome, and the stock moved +6.3% in the window around the event. It had already run +33.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$246.06
1d before
$261.46
Event day
$234.86
1d after
$205.81
5d after

Pre-catalyst setup

+33.3%
30-day run-up
16764%
30-day volatility
0.2×
volume spike