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July 31, 2020 · earnings

OPK earnings: a negative outcome, -12.9%

On July 31, 2020, OPKO HEALTH, INC. reached its earnings. The result was a negative outcome, and the stock moved -12.9% in the window around the event. It had already run +62.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$5.91
1d before
$5.15
Event day
$5.15
1d after
$5.45
5d after

Pre-catalyst setup

+62.7%
30-day run-up
10378%
30-day volatility
0.9×
volume spike