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July 29, 2022 · earnings

EW earnings: a negative outcome, -6.3%

On July 29, 2022, Edwards Lifesciences Corp reached its earnings. The result was a negative outcome, and the stock moved -6.3% in the window around the event. It had already run +6.4% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$107.29
1d before
$100.54
Event day
$100.54
1d after
$103.45
5d after

Pre-catalyst setup

+6.4%
30-day run-up
2542%
30-day volatility
1.3×
volume spike