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May 9, 2024 · earnings

OM earnings: a negative outcome, -20.8%

On May 9, 2024, Outset Medical, Inc. reached its earnings. The result was a negative outcome, and the stock moved -20.8% in the window around the event. It had already run +51.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$61.95
1d before
$49.05
Event day
$46.05
1d after
$52.50
5d after

Pre-catalyst setup

+51.0%
30-day run-up
10808%
30-day volatility
1.2×
volume spike