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May 1, 2024 · earnings

CVS earnings: a negative outcome, -16.8%

On May 1, 2024, CVS HEALTH Corp reached its earnings. The result was a negative outcome, and the stock moved -16.8% in the window around the event. It had already run -15.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$67.71
1d before
$56.31
Event day
$55.15
1d after
$55.97
5d after

Pre-catalyst setup

-15.6%
30-day run-up
2847%
30-day volatility
1.5×
volume spike