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November 9, 2023 · earnings

RXRX earnings: a negative outcome, -7.1%

On November 9, 2023, Recursion Pharmaceuticals, Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.1% in the window around the event. It had already run -21.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$5.63
1d before
$5.23
Event day
$5.46
1d after
$6.46
5d after

Pre-catalyst setup

-21.8%
30-day run-up
8709%
30-day volatility
1.3×
volume spike