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May 8, 2020 · earnings

UHS earnings: a positive outcome, +5.7%

On May 8, 2020, UNIVERSAL HEALTH SERVICES INC reached its earnings. The result was a positive outcome, and the stock moved +5.7% in the window around the event.

The move

$96.53
1d before
$102.06
Event day
$102.06
1d after
$91.80
5d after

Pre-catalyst setup

-4.8%
30-day run-up
6316%
30-day volatility
0.8×
volume spike