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August 13, 2024 · earnings

XOMA earnings: a positive outcome, +14.4%

On August 13, 2024, XOMA Royalty Corp reached its earnings. The result was a positive outcome, and the stock moved +14.4% in the window around the event. It had already run -11.8% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$23.13
1d before
$26.46
Event day
$26.16
1d after
$28.13
5d after

Pre-catalyst setup

-11.8%
30-day run-up
5004%
30-day volatility
0.5×
volume spike