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August 11, 2022 · earnings

CAH earnings: a positive outcome, +5.2%

On August 11, 2022, CARDINAL HEALTH INC reached its earnings. The result was a positive outcome, and the stock moved +5.2% in the window around the event. It had already run +15.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$62.75
1d before
$66.00
Event day
$69.32
1d after
$70.14
5d after

Pre-catalyst setup

+15.6%
30-day run-up
1457%
30-day volatility
1.3×
volume spike