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November 8, 2023 · earnings

XNCR earnings: a negative outcome, -7.0%

On November 8, 2023, Xencor, Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.0% in the window around the event. It had already run -5.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$18.54
1d before
$17.24
Event day
$16.53
1d after
$17.05
5d after

Pre-catalyst setup

-5.3%
30-day run-up
3508%
30-day volatility
0.8×
volume spike