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May 10, 2024 · earnings

EVH earnings: a negative outcome, -9.3%

On May 10, 2024, Evolent Health, Inc. reached its earnings. The result was a negative outcome, and the stock moved -9.3% in the window around the event. It had already run -9.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$26.96
1d before
$24.46
Event day
$24.46
1d after
$23.55
5d after

Pre-catalyst setup

-9.3%
30-day run-up
2048%
30-day volatility
1.9×
volume spike