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March 18, 2024 · earnings

XGN earnings: a positive outcome, +9.3%

On March 18, 2024, Exagen Inc. reached its earnings. The result was a positive outcome, and the stock moved +9.3% in the window around the event. It had already run -24.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$1.62
1d before
$1.77
Event day
$1.54
1d after
$1.61
5d after

Pre-catalyst setup

-24.3%
30-day run-up
9565%
30-day volatility
3.1×
volume spike