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May 5, 2022 · earnings

CCRN earnings: a negative outcome, -8.5%

On May 5, 2022, CROSS COUNTRY HEALTHCARE INC reached its earnings. The result was a negative outcome, and the stock moved -8.5% in the window around the event. It had already run -14.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$19.36
1d before
$17.71
Event day
$17.21
1d after
$16.27
5d after

Pre-catalyst setup

-14.1%
30-day run-up
6327%
30-day volatility
1.4×
volume spike