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May 13, 2022 · earnings

RNXT earnings: a positive outcome, +10.3%

On May 13, 2022, RenovoRx, Inc. reached its earnings. The result was a positive outcome, and the stock moved +10.3% in the window around the event. It had already run -42.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$1.65
1d before
$1.82
Event day
$1.82
1d after
$2.09
5d after

Pre-catalyst setup

-42.8%
30-day run-up
9382%
30-day volatility
0.3×
volume spike