Correction
PYXS: why Pyxis Oncology crashed with no news
- What we said
- The headline and URL said the stock dropped 34%. The piece also said it traded 3 times normal volume and closed around $2.50.
- What is correct
- The 34% figure matches no measure of the day: close to close was -26.1%, prior close to the intraday low was -50.4%, and pre-halt to reopen was -32.9%. The headline now says 50%, measured from the $3.83 prior close to the $1.90 low, which is what the article's own opening sentence already said. Volume was 12.2 times the 995,823-share average, not 3 times, and the close was $2.83, not $2.50. The old URL permanently redirects to the corrected one.
- How it was caught
- Found while adding charts to the piece, when every figure was re-derived from our own bars. A wrong number in a permanent URL is worse than an ugly one.