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November 9, 2017 · earnings

GMED earnings: a positive outcome, +7.5%

On November 9, 2017, GLOBUS MEDICAL INC reached its earnings. The result was a positive outcome, and the stock moved +7.5% in the window around the event. It had already run +5.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$31.84
1d before
$34.23
Event day
$35.94
1d after
$37.80
5d after

Pre-catalyst setup

+5.9%
30-day run-up
1934%
30-day volatility
1.6×
volume spike