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February 17, 2022 · earnings

CYH earnings: a negative outcome, -12.8%

On February 17, 2022, COMMUNITY HEALTH SYSTEMS INC reached its earnings. The result was a negative outcome, and the stock moved -12.8% in the window around the event. It had already run -5.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$14.10
1d before
$12.29
Event day
$10.76
1d after
$9.85
5d after

Pre-catalyst setup

-5.6%
30-day run-up
6023%
30-day volatility
1.0×
volume spike