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February 23, 2023 · earnings

CCRN earnings: a negative outcome, -6.4%

On February 23, 2023, CROSS COUNTRY HEALTHCARE INC reached its earnings. The result was a negative outcome, and the stock moved -6.4% in the window around the event. It had already run -5.5% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$26.51
1d before
$24.81
Event day
$26.03
1d after
$26.45
5d after

Pre-catalyst setup

-5.5%
30-day run-up
5030%
30-day volatility
1.3×
volume spike