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August 3, 2023 · earnings

OPK earnings: a positive outcome, +5.1%

On August 3, 2023, OPKO HEALTH, INC. reached its earnings. The result was a positive outcome, and the stock moved +5.1% in the window around the event. It had already run -12.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$1.76
1d before
$1.85
Event day
$1.99
1d after
$1.88
5d after

Pre-catalyst setup

-12.7%
30-day run-up
4726%
30-day volatility
0.6×
volume spike