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August 5, 2024 · earnings

XGN earnings: a positive outcome, +17.6%

On August 5, 2024, Exagen Inc. reached its earnings. The result was a positive outcome, and the stock moved +17.6% in the window around the event. It had already run +17.2% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.04
1d before
$2.40
Event day
$2.40
1d after
$3.38
5d after

Pre-catalyst setup

+17.2%
30-day run-up
5783%
30-day volatility
1.7×
volume spike