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May 2, 2024 · earnings

BHC earnings: a negative outcome, -7.5%

On May 2, 2024, Bausch Health Companies Inc. reached its earnings. The result was a negative outcome, and the stock moved -7.5% in the window around the event. It had already run -12.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$8.75
1d before
$8.09
Event day
$7.82
1d after
$7.41
5d after

Pre-catalyst setup

-12.9%
30-day run-up
3698%
30-day volatility
0.7×
volume spike