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May 5, 2022 · earnings

OM earnings: a negative outcome, -18.5%

On May 5, 2022, Outset Medical, Inc. reached its earnings. The result was a negative outcome, and the stock moved -18.5% in the window around the event. It had already run -22.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$599.07
1d before
$488.23
Event day
$415.93
1d after
$338.68
5d after

Pre-catalyst setup

-22.6%
30-day run-up
5357%
30-day volatility
1.6×
volume spike