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April 28, 2020 · earnings

SCYX earnings: a positive outcome, +5.2%

On April 28, 2020, SCYNEXIS INC reached its earnings. The result was a positive outcome, and the stock moved +5.2% in the window around the event. It had already run +14.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$9.12
1d before
$9.59
Event day
$9.80
1d after
$9.34
5d after

Pre-catalyst setup

+14.9%
30-day run-up
8701%
30-day volatility
1.4×
volume spike