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April 25, 2024 · earnings

CYH earnings: a positive outcome, +7.3%

On April 25, 2024, COMMUNITY HEALTH SYSTEMS INC reached its earnings. The result was a positive outcome, and the stock moved +7.3% in the window around the event. It had already run -13.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$3.03
1d before
$3.25
Event day
$3.39
1d after
$3.30
5d after

Pre-catalyst setup

-13.4%
30-day run-up
4581%
30-day volatility
1.5×
volume spike