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March 12, 2024 · earnings

SCLX earnings: a negative outcome, -5.7%

On March 12, 2024, Scilex Holding Company reached its earnings. The result was a negative outcome, and the stock moved -5.7% in the window around the event. It had already run -13.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$49.00
1d before
$46.20
Event day
$46.55
1d after
$47.95
5d after

Pre-catalyst setup

-13.4%
30-day run-up
18259%
30-day volatility
0.7×
volume spike