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May 17, 2021 · earnings

SCYX earnings: a positive outcome, +12.7%

On May 17, 2021, SCYNEXIS INC reached its earnings. The result was a positive outcome, and the stock moved +12.7% in the window around the event. It had already run -8.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$7.11
1d before
$8.01
Event day
$7.93
1d after
$8.61
5d after

Pre-catalyst setup

-8.0%
30-day run-up
5468%
30-day volatility
0.7×
volume spike