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May 3, 2024 · earnings

ACH earnings: a negative outcome, -25.7%

On May 3, 2024, ACCENDRA HEALTH INC/VA/ reached its earnings. The result was a negative outcome, and the stock moved -25.7% in the window around the event. It had already run -11.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$24.51
1d before
$18.21
Event day
$18.21
1d after
$18.12
5d after

Pre-catalyst setup

-11.0%
30-day run-up
4210%
30-day volatility
1.7×
volume spike