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May 2, 2022 · earnings

RIOT earnings: a positive outcome, +8.2%

On May 2, 2022, Riot Platforms, Inc. reached its earnings. The result was a positive outcome, and the stock moved +8.2% in the window around the event. It had already run -51.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$10.14
1d before
$10.97
Event day
$10.84
1d after
$9.49
5d after

Pre-catalyst setup

-51.1%
30-day run-up
5823%
30-day volatility
1.0×
volume spike