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August 1, 2024 · earnings

TMDX earnings: a positive outcome, +6.5%

On August 1, 2024, TransMedics Group, Inc. reached its earnings. The result was a positive outcome, and the stock moved +6.5% in the window around the event. It had already run -6.7% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.

The move

$142.26
1d before
$151.51
Event day
$150.10
1d after
$156.10
5d after

Pre-catalyst setup

-6.7%
30-day run-up
4667%
30-day volatility
1.8×
volume spike