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November 2, 2023 · earnings

CCRN earnings: a negative outcome, -13.8%

On November 2, 2023, CROSS COUNTRY HEALTHCARE INC reached its earnings. The result was a negative outcome, and the stock moved -13.8% in the window around the event. It had already run -8.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$23.09
1d before
$19.91
Event day
$19.37
1d after
$18.42
5d after

Pre-catalyst setup

-8.4%
30-day run-up
3028%
30-day volatility
1.9×
volume spike