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November 12, 2024 · earnings

XGN earnings: a negative outcome, -6.1%

On November 12, 2024, Exagen Inc. reached its earnings. The result was a negative outcome, and the stock moved -6.1% in the window around the event. It had already run +7.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$2.97
1d before
$2.79
Event day
$2.75
1d after
$2.98
5d after

Pre-catalyst setup

+7.5%
30-day run-up
6343%
30-day volatility
2.7×
volume spike