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March 7, 2018 · earnings

XENE earnings: a positive outcome, +6.2%

On March 7, 2018, Xenon Pharmaceuticals Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.2% in the window around the event. It had already run +33.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$4.05
1d before
$4.30
Event day
$4.30
1d after
$4.75
5d after

Pre-catalyst setup

+33.3%
30-day run-up
10673%
30-day volatility
1.0×
volume spike