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November 12, 2019 · earnings

SCYX earnings: a positive outcome, +5.3%

On November 12, 2019, SCYNEXIS INC reached its earnings. The result was a positive outcome, and the stock moved +5.3% in the window around the event. It had already run +12.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$11.40
1d before
$12.00
Event day
$11.80
1d after
$11.25
5d after

Pre-catalyst setup

+12.5%
30-day run-up
6435%
30-day volatility
1.4×
volume spike