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March 1, 2023 · earnings

DHC earnings: a negative outcome, -5.1%

On March 1, 2023, DIVERSIFIED HEALTHCARE TRUST reached its earnings. The result was a negative outcome, and the stock moved -5.1% in the window around the event. It had already run +14.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$0.98
1d before
$0.93
Event day
$1.48
1d after
$1.79
5d after

Pre-catalyst setup

+14.9%
30-day run-up
10409%
30-day volatility
1.1×
volume spike