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May 10, 2023 · earnings

RIOT earnings: a positive outcome, +7.3%

On May 10, 2023, Riot Platforms, Inc. reached its earnings. The result was a positive outcome, and the stock moved +7.3% in the window around the event. It had already run +9.1% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$11.44
1d before
$12.28
Event day
$10.71
1d after
$11.08
5d after

Pre-catalyst setup

+9.1%
30-day run-up
12358%
30-day volatility
0.7×
volume spike