How did MCK's Q4 2024 earnings surprise impact short-term traders?
4/4/2025 05:13pm
MCK's Q4 2024 earnings surprise had a positive impact on short-term traders, as evidenced by the win rates and returns observed in the immediate aftermath of the earnings release. The 3-Day win rate was 70.59%, the 10-Day win rate was 58.82%, and the 30-Day win rate was 58.82%, indicating that a majority of the time, the stock performed well in the short term following the earnings beat expectations. The maximum return observed was 9.91% over 30 days, suggesting that there was significant price appreciation in the short term.