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August 4, 2023 · earnings

GEN earnings: a positive outcome, +7.9%

On August 4, 2023, Gen Digital Inc. reached its earnings. The result was a positive outcome, and the stock moved +7.9% in the window around the event. It had already run +7.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$18.62
1d before
$20.10
Event day
$20.10
1d after
$20.85
5d after

Pre-catalyst setup

+7.0%
30-day run-up
1994%
30-day volatility
1.7×
volume spike