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November 3, 2021 · earnings

CRL earnings: a negative outcome, -10.2%

On November 3, 2021, CHARLES RIVER LABORATORIES INTERNATIONAL, INC. reached its earnings. The result was a negative outcome, and the stock moved -10.2% in the window around the event. It had already run +12.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$431.95
1d before
$387.81
Event day
$379.24
1d after
$373.86
5d after

Pre-catalyst setup

+12.6%
30-day run-up
2253%
30-day volatility
1.4×
volume spike