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July 29, 2020 · earnings

ELV earnings: a positive outcome, +6.2%

On July 29, 2020, Elevance Health, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.2% in the window around the event.

The move

$265.23
1d before
$281.56
Event day
$277.19
1d after
$270.75
5d after

Pre-catalyst setup

+4.3%
30-day run-up
2533%
30-day volatility
1.0×
volume spike