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November 9, 2018 · earnings

OPK earnings: a negative outcome, -11.5%

On November 9, 2018, OPKO HEALTH, INC. reached its earnings. The result was a negative outcome, and the stock moved -11.5% in the window around the event. It had already run +6.9% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$3.49
1d before
$3.09
Event day
$3.09
1d after
$3.23
5d after

Pre-catalyst setup

+6.9%
30-day run-up
7963%
30-day volatility
1.0×
volume spike