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May 6, 2024 · earnings

ASRT earnings: a positive outcome, +18.4%

On May 6, 2024, Assertio Holdings, Inc. reached its earnings. The result was a positive outcome, and the stock moved +18.4% in the window around the event. It had already run +8.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$15.45
1d before
$18.30
Event day
$16.65
1d after
$14.40
5d after

Pre-catalyst setup

+8.7%
30-day run-up
8239%
30-day volatility
0.8×
volume spike