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May 15, 2017 · PDUFA decision

RDY PDUFA decision: a positive outcome, +5.2%

On May 15, 2017, DR REDDYS LABORATORIES LTD reached its PDUFA decision. The result was a positive outcome, and the stock moved +5.2% in the window around the event.

The move

$8.07
1d before
$8.49
Event day
$8.47
1d after
$8.29
5d after

Pre-catalyst setup

-0.3%
30-day run-up
1674%
30-day volatility
1.6×
volume spike