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August 10, 2023 · earnings

CODX earnings: a negative outcome, -6.9%

On August 10, 2023, Co-Diagnostics, Inc. reached its earnings. The result was a negative outcome, and the stock moved -6.9% in the window around the event.

The move

$39.00
1d before
$36.30
Event day
$34.80
1d after
$36.30
5d after

Pre-catalyst setup

+4.8%
30-day run-up
13240%
30-day volatility
0.2×
volume spike