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March 16, 2020 · earnings

ASTH earnings: a negative outcome, -22.1%

On March 16, 2020, Astrana Health, Inc. reached its earnings. The result was a negative outcome, and the stock moved -22.1% in the window around the event. It had already run -28.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$12.26
1d before
$9.55
Event day
$10.69
1d after
$11.12
5d after

Pre-catalyst setup

-28.5%
30-day run-up
5640%
30-day volatility
1.7×
volume spike