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February 29, 2024 · earnings

SYRE earnings: a positive outcome, +5.1%

On February 29, 2024, Spyre Therapeutics, Inc. reached its earnings. The result was a positive outcome, and the stock moved +5.1% in the window around the event. It had already run -13.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$26.10
1d before
$27.44
Event day
$29.90
1d after
$37.65
5d after

Pre-catalyst setup

-13.0%
30-day run-up
7773%
30-day volatility
0.9×
volume spike