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August 14, 2023 · earnings

SCYX earnings: a negative outcome, -6.4%

On August 14, 2023, SCYNEXIS INC reached its earnings. The result was a negative outcome, and the stock moved -6.4% in the window around the event. It had already run +8.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.99
1d before
$2.80
Event day
$2.75
1d after
$2.94
5d after

Pre-catalyst setup

+8.7%
30-day run-up
4747%
30-day volatility
3.1×
volume spike