How did DNTH's Q1 2024 EPS surprise impact short-term trading?

DNTH's Q1 2024 EPS surprise had a mixed impact on short-term trading, with the 3-day win rate being 100%, but the 10-day and 30-day win rates being lower at 50%. The 3-day return was positive at 7.34%, while the 10-day and 30-day returns were negative at -7.62% and -8.52%, respectively. The maximum return during the backtested period was 8.07%, which occurred on day 63 after the earnings release. Overall, the short-term performance of DNTH following the EPS surprise was volatile, with a slight positive bounce in the immediate aftermath, but ultimately ending lower than the initial price.