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August 4, 2022 · earnings

SYRE earnings: a positive outcome, +6.4%

On August 4, 2022, Spyre Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.4% in the window around the event. It had already run -22.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$9.76
1d before
$10.38
Event day
$10.51
1d after
$10.31
5d after

Pre-catalyst setup

-22.4%
30-day run-up
4511%
30-day volatility
1.7×
volume spike