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November 23, 2022 · earnings

RIOT earnings: a positive outcome, +10.8%

On November 23, 2022, Riot Platforms, Inc. reached its earnings. The result was a positive outcome, and the stock moved +10.8% in the window around the event. It had already run -26.3% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$3.99
1d before
$4.42
Event day
$4.42
1d after
$4.25
5d after

Pre-catalyst setup

-26.3%
30-day run-up
10347%
30-day volatility
1.1×
volume spike