The previous market reaction to Cybin Inc. (CYBN) earnings reports has shown mixed results. Here's a look at the percentage changes in the stock price after the past two earnings reports:
- Post-Market Percentage Change: In the previous earnings release on June 28, 2024, the stock saw a positive post-market percentage change of 2.46%.
- Percentage Change from Earnings Release to Next Trading Day: However, in the earnings release on June 26, 2024, the stock experienced a negative percentage change of -1.25% from the earnings release to the next trading day.
Based on these historical data points, it's difficult to predict a specific percentage of increase for the upcoming earnings report. The stock's performance after earnings releases can be influenced by a wide range of factors, including market conditions, investor sentiment, and the specific details of the earnings report. Therefore, it's advisable to closely monitor the company's financial performance and market reactions on the day of the earnings release for a more accurate assessment of the stock's performance.