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March 11, 2020 · earnings

SCYX earnings: a negative outcome, -7.2%

On March 11, 2020, SCYNEXIS INC reached its earnings. The result was a negative outcome, and the stock moved -7.2% in the window around the event. It had already run +11.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$8.41
1d before
$7.80
Event day
$6.50
1d after
$5.91
5d after

Pre-catalyst setup

+11.4%
30-day run-up
7688%
30-day volatility
1.0×
volume spike